Remove Stop Loss Order

[kenlo]

Hi,

My strategy has a stop loss order set in the Initialize(), I would like to remove it later, say after 10 bars since entry, and then place a ExitLongStop order.

I'm looking at OnOrderUpdate examples but still not quite understand how to approach it,
any help is greatly appreciated.

Thank you.

[NinjaTrader_Joydeep]

Hello kenlo,
Thanks for your note.

Unfortunately you cannot cancel an order as submitted by the Set() method. Also you cannot use the Exit() method and the Set() method together. If there is already an order submitted by the Set() method then the order as submitted by the Exit method will be ignored.

Please refer to the section "Internal Order Handling Rules that Reduce Unwanted Positions" to know more how Managed approach handles order submission to reduce unwanted methods.

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