Breakeven after X ticks code

[trend747]

My long code is working. But when a short is executed, it immediately errors out saying that I can't put a stop loss above the market or something like that...

Can someone check this code... does this look right?


// Resets the stop loss to the original value when all positions are closed
if (Position.MarketPosition == MarketPosition.Flat)
{
SetStopLoss(CalculationMode.Ticks, 50);
}

// If a long position is open, allow for stop loss modification to breakeven
else if (Position.MarketPosition == MarketPosition.Long)
{
// Once the price is greater than entry price by 8 ticks, set stop loss to BE + 2
if (GetCurrentBid() > Position.AvgPrice + 8 * TickSize)
{
SetStopLoss(CalculationMode.Price, Position.AvgPrice + 2 * TickSize);
}
}

else if (Position.MarketPosition == MarketPosition.Short)
{
// Once the price is less than entry price by 8 ticks, set stop loss to BE + 2
if (GetCurrentBid() < Position.AvgPrice - 8 * TickSize)
{
SetStopLoss(CalculationMode.Price, Position.AvgPrice - 2 * TickSize);
}
}

[NinjaTrader_Austin]

trend747, it looks like it should be working but perhaps the market is moving too fast. The only thing I can see that would be different is that you use the current bid price for both instead of bid for one and ask for the other.

[trend747]

trend747, it looks like it should be working but perhaps the market is moving too fast. The only thing I can see that would be different is that you use the current bid price for both instead of bid for one and ask for the other.

I think you're right. It seems to occur whenever I have market replay turned up a lot.

[NinjaTrader_Brett]

Hello,

There should be a reproducible time and date where this occurs where it shouldnt. Can you give me and example of this along with all settings your using to run the strategy so I can test this on my side.

I will also need full code to support at ninjatrader dot com and reference this forum post and attach your full strategy so I can duplicate this on my side as I would not expect this to occur.

I look forward to assisting you further.