SetProfit/SetStopLosss

TradingDreamer

Member

Join Date: Aug 2009

Posts: 60
#1

SetProfit/SetStopLosss

02-02-2010, 10:47 AM

Is it possible to use SetProfitTarget or SetStopLoss in OnExecution method? If I am in the market, and send a limit order in the other direction, it seems that I am immediately being set to flat because of an exiting Profit or Loss value set. I only want to change this when I execute, not at the beginning of a bar, because I won't know if I get the new trade or not. Should I change the CalculateOnBarClose to false if I can't use the SetProfitTarget in the OnExecution.
Tags: None
NinjaTrader_Bertrand

NinjaTrader Customer Service

Join Date: Sep 2008

Posts: 26253
#2

02-02-2010, 11:09 AM

TradingDreamer, the Set() methods would not return an IOrder object to manage this, please use the Exit() methods for this task -

Strategy: Using OnOrderUpdate() and OnExecution() methods to submit protective orders - NinjaTrader Support Forum

http://www.ninjatrader-support2.com/vb/showthread.php?t=7499

The OnOrderUpdate() and OnExecution() methods are reserved for experienced programmers. Instead of using Set() methods to submit stop-loss and profit target orders, you can submit and update them manually through the use of IOrder and IExecution objects in the OnOrderUpdate() and OnExecution() methods. The OnOrderUpdate()
Comment

Topics	Statistics	Last Post
Copy Trading Pro – Master/Slave Trade Replicator by Geovanny Suaza Started by Geovanny Suaza, 02-11-2026, 06:32 PM	0 responses 647 views 0 likes	Last Post by Geovanny Suaza 02-11-2026, 06:32 PM
RiskReward - multifunction by Geovanny Suaza Started by Geovanny Suaza, 02-11-2026, 05:51 PM	0 responses 369 views 1 like	Last Post by Geovanny Suaza 02-11-2026, 05:51 PM
Toggle any plot or Object invisible Update by Mindset Started by Mindset, 02-09-2026, 11:44 AM	0 responses 108 views 0 likes	Last Post by Mindset 02-09-2026, 11:44 AM
CRT - CandleRangeTheory by Geovanny Suaza Started by Geovanny Suaza, 02-02-2026, 12:30 PM	0 responses 572 views 1 like	Last Post by Geovanny Suaza 02-02-2026, 12:30 PM
TickHunter Trade Bot Indicator - Update by RFrosty Started by RFrosty, 01-28-2026, 06:49 PM	0 responses 573 views 1 like	Last Post by RFrosty 01-28-2026, 06:49 PM

Announcement