Looking for advice choosing between Managed and Unmanaged

[savekad]

Hi guys,

I have an indicator which generates two lists: buy prices list and sell prices list.

I want the strategy to place a buy limit order and a sell limit order at the closest price of each list.

It would have been pretty easy if I could use the Managed order placing approach but I think that placing two opposite working orders is not allowed. I got an error when I ran it.

From the other hand, switching to Unmanaged approach will take a lot of effort in learning and coding it.

Any suggestions?

[NinjaTrader_Bertrand]

savekad, correct in the managed approach those opposing order placed at the same time would be prevented by the Internal Order Handling Rules - you would either need to monitor price and place only one order, or switch to unmanaged for your system. This will provide more flexibility, but would mean more coding is needed likely.

[savekad]

I'll go with monitoring and see how it'll do. Thanks Bertrand.