Cancel a StopLoss?

[Burga1]

Greetings,

When my strategy submits an order it also calculates/sets an initial StopLoss (within "OnBarUpdate"). Since I know it is not possible to both a StopLoss and a TrailStop concurrently for the same position what I'd like to try to do is "cancel" the StopLoss once the price has reached a certain level in my trade's favor. At that point I figure a TrailStop could then be submitted at that point.

I guess my question is kinda simple--is it possible to "cancel" the StopLoss so as to replace with a TrailStop?

Thanks in advance.

[NinjaTrader_Ray]

No this is not possible however, you can modify the price of the stop loss and do your own auto trail on it. See the Reference Sample section for modifying stop loss orders.

[Burga1]

Thank you. I took a look at that and I think I can figure something out with it. Do dynamic changes of the StopLoss like that apply to ALL open positions within the strategy (if a strategy is capable of producing more than 1 open trade position at a time)?

[NinjaTrader_Ray]

Applies to the signal name provided. SetStopLoss() have signal name parameters that identify the signals.