Exiting position

[GKonheiser]

Hi,

If im using,

pEntry = EnterShortLimit(0,true, 1, hPiv - entryAllowance * TickSize, "pEntry");

to enter a position and once executed a stop order is placed,

pStop = ExitShortStop(0, true, execution.Order.Filled, hPiv + stop * TickSize, "Stop of Short", "pEntry");

If I want to liquidate the position at a certain time before close can I just use,

ExitLong("pEntry");

and if so do I need to take-care of the stop order or will it automaticly get cancelled?

[koganam]

Hi,

If im using,

pEntry = EnterShortLimit(0,true, 1, hPiv - entryAllowance * TickSize, "pEntry");

to enter a position and once executed a stop order is placed,

pStop = ExitShortStop(0, true, execution.Order.Filled, hPiv + stop * TickSize, "Stop of Short", "pEntry");

If I want to liquidate the position at a certain time before close can I just use,

ExitLong("pEntry");

and if so do I need to take-care of the stop order or will it automaticly get cancelled?

Just exit. NT will take care of removing the attached StopOrder.

[NinjaTrader_ChelseaB]

Hi GKonheiser,

An exit should work ok. There may be times that both exits try and exit at the same time. If that happens, change the code so that the first stop exit order is cancelled first, and in the order update when its cancelled send the exit market order.