How to Reverse Before SetProfitTarget or SetStopLoss is Reached?

[uprz23]

I have SetProfitTarget and SetStopLoss defined in Initialize(). Sometimes I need the strategy to Exit the current direction and go the other way. I've tried:

if (goShort) {
	shortExitOrder = ExitShortLimit(0, true, amount, entryPrice, "ExitShort", "EnterLong"); 
	shortEntryOrder = EnterShortLimit(0, true, amount, entryPrice, "EnterShort"); 
}
 

if (goLong) { 
	longExitOrder =  ExitLongLimit(0, true, amount, entryPriceB, "ExitLong", "EnterShort"); 
	longEntryOrder = EnterLongLimit(0, true, amount, entryPriceB, "EnterLong"); 
}

When there's no SetProfitTarget or SetStopLoss set, these codes work. But when I add the 2 functions, the early exits fail.

Thanks

[NinjaTrader_Tim]

Hi uprz23,

You are likely running in to ignored orders, due to internal handling, described at the bottom of the page here:

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

You can track how these behave with TraceOrders:

http://www.ninjatrader.com/support/forum/showthread.php?t=3627

You can simply adjust the StopLoss and Profit Target to exit the position, as detailed in this sample:

http://www.ninjatrader.com/support/forum/showthread.php?t=3222

Or lastly, you may want to consider the Unmanaged approach here, however keep in mind this is considered an extremely advanced programming approach:

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

[uprz23]

Thanks Tim, I will try out the unmanaged approach.