market order - strategy handling

[razorbuzz67]

Hi,
here my thoughts:
I want enter the market manually by limit order without any stopp order to protect the position.. - no problem so far.
After I have an position in the market I want to activate a stratgie which adjusted added a stopp to protect the position. The adjusting stopp follows the Parabolic indicator.

But it does'nt work I read the tutorial and example, nothing helps.
Here are so code:

#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Gui.Chart;
using NinjaTrader.Strategy;
#endregion

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
/// <summary>
/// Long Exit nach Parabolic
/// </summary>
[Description("Long Exit nach Parabolic")]
public class ParabolicStopLong : Strategy
{
#region Variables
// Wizard generated variables
private int periode = 1; // Default setting for Periode
// User defined variables (add any user defined variables below)
#endregion

/// <summary>
/// This method is used to configure the strategy and is called once before any strategy method is called.
/// </summary>
protected override void Initialize()
{
Add(ParabolicSAR(Median, 0.02, 0.2, 0.02));

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if (Median[0] < ParabolicSAR(Median, 0.02, 0.2, 0.02)[0])
{
ExitLong("Exit", "");
}
}

#region Properties
[Description("")]
[GridCategory("Parameters")]
public int Periode
{
get { return periode; }
set { periode = Math.Max(1, value); }
}
#endregion
}
}

[NinjaTrader_Bertrand]

razorbuzz67, having a NinjaScript strategy manage a manually taken trade is unfortunately not supported.

The trade entry would have to come from the NinjaScript strategy, too to be able to manage the position by a custom stop like your SAR.

[razorbuzz67]

ok next step.
I do a trick.
I enter the market short when median price is under sma: order filled, when I checked the stratgie. everthing fine. but the parabolic stopp dosen't work

here the code


#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Gui.Chart;
using NinjaTrader.Strategy;
#endregion

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
/// <summary>
/// Enter the description of your strategy here
/// </summary>
[Description("Enter the description of your strategy here")]
public class ParabolicStopShort : Strategy
{
#region Variables
// Wizard generated variables
private int periode = 1; // Default setting for Periode
// User defined variables (add any user defined variables below)
#endregion

/// <summary>
/// This method is used to configure the strategy and is called once before any strategy method is called.
/// </summary>
protected override void Initialize()
{

CalculateOnBarClose = false;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if (Median[0] < SMA(20)[0])
{
EnterShort(DefaultQuantity, "");
}

// Condition set 2
if (Median[0] > ParabolicSAR(0.02, 0.2, 0.02)[0])
{
ExitShort("", "Exit short");
}
}

#region Properties
[Description("")]
[GridCategory("Parameters")]
public int Periode
{
get { return periode; }
set { periode = Math.Max(1, value); }
}
#endregion
}
}

[NinjaTrader_Bertrand]

You are tieing the ExitShort to the wrong Entry signal name, hence it's not picked up.

To debug orders in your strategy, TraceOrders are very helpful -

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

[razorbuzz67]

ok - works now - perfect.

additional question:
wehn i created the same with indicator TSSuperTrend,( from sharing section )
I get an error on line 51. but it looks ok for me. Known issue?

[NinjaTrader_Bertrand]

I would unfortunately not know the reason why you see this, if you double click on the error it spots which call produces an issue, would you mind posting it?

[razorbuzz67]

ok my fault. works.
another question:
How can I use the following:
If the strategy 3times loss ( so the first 3 trades are loosers ) stop the strategy.
or another thinking:
if the strategy down to daily losses .e.g. 500 $, than stop the strategy.

thanks in advance for help.

[NinjaTrader_Brett]

Hello,

Please use the following guide for this:

http://www.ninjatrader.com/support/forum/showthread.php?t=19289

Let me know if I can be of further assistance.