SetTrailStop & SetStopLoss question

woodside

Junior Member

Join Date: Sep 2007

Posts: 72
#1

SetTrailStop & SetStopLoss question

11-06-2007, 03:17 PM

I understand from the documentation that you cannot use SetStopLoss will take precidence over SetTrailStop. Is there anyway to cancel a SetStopLoss order and then set a SetTrailStop?

What I'm trying to do is, once a position reaches a certain level of profit, I want to cancel the setstoploss and then use the settrailstop. Any ideas?
Tags: None
NinjaTrader_Ray

Founder

Join Date: Nov 2004

Posts: 11160
#2

11-06-2007, 04:41 PM

Unfortunately this is not possible.

If you are an experienced programmer, what is possible with NT6.5 is to use the new OnOrderUpdate() method to submit your stop as soon as the entry is filled and then modify yourself.

See the following reference sample - http://www.ninjatrader-support.com/v...ead.php?t=3917

Beta 6.5 will be re-released tomorrow here - http://www.ninjatrader-support.com/v...9265#post19265

RayNinjaTrader Customer Service
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