determining when a trail stop is executed

[seahn]

Is there a way to get a notification or some other method to determine if a trail stop has just been executed so that other actions may be taken such as stopping trading for a number of bars?

[NinjaTrader_Matthew]

Hello,

Yes, this is possible - to better assist you, can you tell me which trail stop method you're using? Is this from an ATM Strategy, SetTrailStop(), or do you programmatically change the price of a stop order using another approach?

[seahn]

This would be a SetTrailStop in the Initialize method.

Thanks,

[NinjaTrader_ChelseaB]

Hello seahn,

Thanks for your note.

Yes, it is possible to capture the trail being filled in OnOrderUpdate.

For example:

protected override void OnOrderUpdate(IOrder order)
{
if (order.Name == "Trail Stop" && order.OrderState == OrderState.Filled)
// do something
}

Below is a link to the help guide on IOrder.
http://www.ninjatrader.com/support/h...nt7/iorder.htm

Please let me know if this does not resolve your inquiry.

[seahn]

Would this work in backtest as well, realizing OnOrderUpdate would be called at the start of the next bar?

[NinjaTrader_ChelseaB]

Hello seahn,

Thanks for your reply.

Yes, this will work in backtesting as well.

When backtesting the OnOrderUpdate will fire intrabar after OnBarUpdate has finished.
This will most likely be before the next call to OnBarUpdate.


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