I am unable to move my stop to breakeven after the 1st contract is filled, even though my code prints to the output window correctly, the stop order does not change in the DOM. I turned on trace orders and, it shows there is an error. Can someone help me fix this issue?
Output window shows:
2/24/2014 7:33:53 AM Ignored internal SetStopTarget() method: Type=Stop FromEntrySignal='' Mode=Price Value=1847 Currency=0 Simulated=False' Reason='Another SetStopTarget() method call has already submitted a stop/target order'
Move long stop b/e1847
Output window shows:
2/24/2014 7:33:53 AM Ignored internal SetStopTarget() method: Type=Stop FromEntrySignal='' Mode=Price Value=1847 Currency=0 Simulated=False' Reason='Another SetStopTarget() method call has already submitted a stop/target order'
Move long stop b/e1847
Code:
protected override void Initialize()
{
CalculateOnBarClose = false;
EntriesPerDirection = 2;
EntryHandling = EntryHandling.UniqueEntries;
SetProfitTarget("a",CalculationMode.Ticks,12);
SetProfitTarget("b",CalculationMode.Ticks,8);
//SetStopLoss(CalculationMode.Ticks,8);
}
/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if(!Historical){
if(Position.MarketPosition == MarketPosition.Flat)
{
Random rnd = new Random();
if(rnd.Next(10) >= 5){
SetStopLoss("a",CalculationMode.Ticks,8,false);
SetStopLoss("b",CalculationMode.Ticks,8,false);
EnterLongLimit(Close[0],"a");
EnterLongLimit(Close[0],"b");
filledOne = true;
}else{
SetStopLoss("a",CalculationMode.Ticks,8,false);
SetStopLoss("b",CalculationMode.Ticks,8,false);
EnterShortLimit(Close[0],"a");
EnterShortLimit(Close[0],"b");
filledOne = true;
}
}
else{
if(Position.Quantity == 1 && filledOne){
if(Position.MarketPosition == MarketPosition.Long && Close[0] > Position.AvgPrice + 1){
SetStopLoss("b",CalculationMode.Price,Position.AvgPrice,false);
filledOne = false;
Print("Move long stop b/e" + Position.AvgPrice);
}
else if(Position.MarketPosition == MarketPosition.Short && Close[0] < Position.AvgPrice - 1){
SetStopLoss("b",CalculationMode.Price,Position.AvgPrice,false);
filledOne = false;
Print("Move short stop b/e" + Position.AvgPrice);
}
}
}
}
}
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