Manual take profit order should cancel position

[psycho760]

Hi
I am writing a strategy where I want to take profit manually.
Once I manually take profits I want to stop the strategy.

It appears that the handlers in StrategyBase like OnExecution, OnOrderUpdate do not get called if the order is not generated by a strategy.

How do I accomplish my requirements ?

I did read about ATM strategies and how one can take profit , send a stop loss, use OCO orders etc.

Unfortunately I do not have a preset take profit level - this is up to the trader's discretion so the ATM appears to not be useful for this case.

Another considered possibility was polling every second to check account position but a lot can happen in one second so this is not an optimal workaround.

What is the best approach to code up this manual take profit to tie in with a strategy?

[NinjaTrader_Bertrand]

psycho760, if you would like the trader to manually interact with the running NinjaScript strategy you would have to use the ATM strategies - the trade can setup his custom ATM strategy template including his custom take profit level as long as he names the template called correctly as expected by your strategy, for a complete sample please see the SampleAtmStrategy we install per default with NinjaTrader.

[psycho760]

Thanks. I can have the manual take profit trade tie in with the ATM Strategy.

However the stop functionality has to have 2 features
1) Simulated stop - no stop orders sent. Send market orders if stop hit.
2) Reverse at stop - if stop hit, reverse position.

The above stop functionality has to be run automatically, not manually, since it will be running for the entire S&P 500. I could not find a way in Ninjascript to do the simulated stop and the reverse at stop.
Any ideas on how to achieve this ?

[NinjaTrader_Bertrand]

psycho760 you would then need to call an ATMStrategyTemplate that has those features set and enabled / saved.