set EnterShortStop and EnterLongStop at the same time

[AndreiFX]

Pls, help me. Why I can not to set EnterShortStop and EnterLongStop at the same time ?(works only one of the orders)
It is example of code:

protected override void Initialize()
        {
			
			CalculateOnBarClose=true;
			SetStopLoss(CalculationMode.Ticks,20);
			SetProfitTarget(CalculationMode.Ticks,20);
			EntryHandling = EntryHandling.AllEntries; 
        }

        protected override void OnBarUpdate()
        {
	EnterShortStop(1,GetCurrentBid()-20*TickSize,"Sell");
	EnterLongStop(1,GetCurrentAsk()+20*TickSize,"Buy");
        }

As a result to take place always only first order(EnterShortStop)

[NinjaTrader_RyanM1]

Hello AndreiFX,

Thank you for your post.

This is expected as how NinjaTrader handles orders. The link below goes over the internal order handling rules.

http://www.ninjatrader-support.com/HelpGuideV6/Overview36.html

You are running into:


Methods that generate orders (excluding market orders) to enter a position will be ignored if:

• A position is open and an order submitted by an exit method (ExitLongLimit() for example) is active and the order is used to open a position in the opposite direction
• A position is open and an order submitted by a set method (SetStopLoss() for example) is active and the order is used to open a position in the opposite direction
• The strategy position is flat and an order submitted by an enter method (EnterLongLimit() for example) is active and the order is used to open a position in the opposite direction

A possible work-around if you want this behavior is to run multiple strategies and multiple charts.

[HappyDev]

RayM,

What if I wanted to enter a short and a long STOP order and have them OCO'd together?


thanks!

[NinjaTrader_RyanM1]

HappyDev,

You can do this with the unmanaged approach, which is new for NT 7. This allow you to submit without any internal order rules or any NT position management.

The overloads for unmanaged orders also have an OCO field to use to tie together multiple orders with the same OCO id.

http://www.ninjatrader.com/support/helpGuides/nt7/unmanaged_approach.htm

[Pentameter]

Really?

I am having the very same problem. I want to test a VERY SIMPLE donchian strategy but it appears that this is very hard to do. Here is my code...

protected override void OnBarUpdate()
{
EnterLongStop(1, DonchianChannel(Enter).Upper[0], "Long Entry");
ExitLongStop(1,DonchianChannel(Exit).Lower[0]);
EnterShortStop(1, DonchianChannel(Enter).Lower[0], "Short Entry");
ExitShortStop(1,DonchianChannel(Exit).Upper[0]);
}

NT is only taking the first order (Long) and ignores the short side of the strategy. Does anyone have example code for making this work?

Thanks!
Adam

[NinjaTrader_PatrickH]

Hello Pentameter,

Thank you for your post.

The Enter() methods will essentially cancel each other out here. You will need to use the Unmanaged Order Approach for these bracket orders: http://www.ninjatrader.com/support/h...d_approach.htm