Manually moving a stop in a Managed order

[SammyC]

Hi,

I was wondering, when coding a strategy that uses the managed order approach, if we are able to manually move the stops and the targets in the DOM for the strategy entered on its signals as I would be able to when using an auto trader that creates an order using an ATM.

Current the strategy fires the orders with a 10 tick stop and a 20 tick target but if i move the stop in the DOM manually when the next bar appears the stop is returned to its original state of 10 tick stop and 20 tick target. Is it possible to move the stop manually in the DOM for an order that was created by the managed approached strategy?

This following is my syntax in the initialize section for the stop and target if it helps.

SetProfitTarget("SE1", CalculationMode.Ticks, ProfitTarget);
SetStopLoss(CalculationMode.Ticks, StopLoss);
SetProfitTarget("LE1", CalculationMode.Ticks, ProfitTarget);

Thank you for your help in advance

Regards
Sammy

[NinjaTrader_AdamP]

sammy,

If you want to use this method, you would need to use ATM strategies from within a auto-strategy.

NinjaTrader comes with a sample accessible in Tools > Edit NinjaScript > SampleATMStrategy.

Please let me know if I may assist further.

[SammyC]

Adam,
Thank you kindly for your response....
Is there a work around other than using the ATM based approach?

Would the Un-Managed approach not work either?

If not, is the only method to create a mechanism to move the stop from the strategy?

Thank you in advance!
Regards,
Sammy

[NinjaTrader_AdamP]

SammyC,

I am sure there are other unsupported ways to do this, however I must recommend that you would use ATM strategies.

Please let me know if I may assist further.