Cancel SetStopLoss

[hbmiles2000]

Greetings,

Upon entering a position, I'd like to set a stop loss, which, if price subsequently moves in the direction of my position by a certain amount, cancel the stop loss and set other sell conditions, like perhaps a trailing stop. But my main question is how to then cancel the initial stoploss.
Thanks-
hbmiles2000

[NinjaTrader_Matthew]

hbmiles2000,

If you are wanting to cancel SetStopLoss after a certain condition and then replace it with a trailing stop, this would not be possible.

You could use an ATM order method to submit an ATM Strategy which will keep a hard stop loss and use auto trail after X number ticks in profit. More information on ATM Strategy methods found below:

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?atm_strategy_methods.htm

Otherwise if you're an experience programmer you could use the OnOrderUpdate() method to set protective orders and would allow you to use CancelOrder(). Please see our reference sample on Using OnOrderUpdate() and OnExecution() methods to submit protective orders

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