StopLoss is not working?

[ninjamouse]

Hi there

I hope someone can help, when I'm running my code, my long/short entries are working but my slop loss isn't working? Am I doing anything wrong?

My order are limit orders, and I know when to place my stoploss target, but it just isnt working?

thanks

 protected override void Initialize()
        {
            SetProfitTarget(CalculationMode.Ticks, myInput0);
			CalculateOnBarClose = true;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
						
        	if (condition)
            {				
                EnterLongLimit(DefaultQuantity, 12, "long");
            }
                 
            if (condition)							
            {				
                EnterLongLimit(DefaultQuantity, 14, "short");
            } 
			
			//if (Position.MarketPosition == MarketPosition.Long)
			{
				ExitLongStopLimit(14, upperStopLoss);				
			}
			
			//if (Position.MarketPosition == MarketPosition.Short)
			{
				ExitShortStopLimit(16, lowerStopLoss);				
			}
        }

[NinjaTrader_Bertrand]

ninjamouse, I would suggest to the script run with TraceOrders enabled, this will give more detailed debug info for the order processes happening 'under the hood' and note if you would run into ignored orders for example, while hitting the Internal Order Handling Rules with this approach -

http://www.ninjatrader.com/support/forum/showthread.php?t=3627

[ninjamouse]

so with my code when I say

ExitShortStopLimit(16, lowerStopLoss);

does that mean it will exist the trade if price foes 16 ticks against the order? If so, why is this never getting filled? i.e. stopping

[NinjaTrader_Bertrand]

No ninjamouse, the 16 would be the limit price of your exit order, that would activate once your lowerStopLoss price is hit.

It might be easier working with the SetStopLoss or SetTrailStop methods when getting started in this area - http://www.ninjatrader.com/support/h...ub=SetStopLoss

[ninjamouse]

ok, I'm now using

if (condition)
{
EnterLongLimit(DefaultQuantity, 12, "long");
SetStopLoss("long", CalculationMode.Ticks, stopLoss, true);
}

and my SetStopLoss isnt getting triggered when price is going against me? Any idea?

thanks

[NinjaTrader_Bertrand]

ninjamouse, the stoploss is probably getting ignored, as another Entry limit order is working which would trigger a signal in the opposite direction. To find out more detailed, a run with TraceOrders enabled would be needed. Here's the relevant tip that goes over this technique:

http://www.ninjatrader.com/support/forum/showthread.php?t=3627