UnManaged Approach and SetProfitTarget

[CaptainAmericaXX]

Ok so I understand the the Set() will not work in the UnManaged Approach. Is there a comparable idea with the UnManaged Approach that will exit a position at a profit target without turning off the CalculateOnBarClose property? Thanks

[NinjaTrader_RyanM1]

Hi CaptainAmericaXX,

SetProfitTarget submits a limit order, and you can specify your orders as limit with the OrderType property in SubmitOrder() method:

http://www.ninjatrader.com/support/helpGuides/nt7/submitorder.htm

[CaptainAmericaXX]

I hope you can again forgive my ignorance. I'm still trying to understand this Unmanaged Approach. This is what I have so far for a Profit target. It works if the market takes off immediately. If the market turns against me the order comes back null. I'm not sure why it's doing that. If someone could take a look at it I'd be very grateful.
if (BullQuickI != null )
{
PrintOrder("BullQuickI Exit (ProfitTarget)", BullQuickI);
BullIProfitTarget = SubmitOrder(0,OrderAction.SellShort, OrderType.Limit, 1, BullQuickI.AvgFillPrice + 15 * TickSize, 0, "BullQuickI", "BullIProfitTarget");
BullQuickI = null;
PrintOrder("BullQuickI Exit (ProfitTarget) Order", BullQuickIExit);
}

Thanks

[NinjaTrader_RyanM1]

If the market turns against me the order comes back null.

The snippet you posted is missing critical parts for management of order objects. Unmanaged is reserved for experienced programmers, and a lot of the concepts of our advanced order framework are applicable and necessary to properly work into an unmanaged strategy.

If you are having trouble with unmanaged code, you may want to first tackle these concepts in a managed framework. These samples can get you started managing IOrders and working with advanced handlers. The first one linked shows exactly how you can monitor for a filled order state on an entry order and then submit protective orders.

http://www.ninjatrader.com/support/forum/showthread.php?t=7499

http://www.ninjatrader.com/support/forum/showthread.php?t=18890

An overview of advanced event handlers is here:

http://www.ninjatrader.com/support/helpGuides/nt7/advanced_event_driven_program2.htm