Strategy Based on Ask Price

[NinjaTrader_ChelseaB]

Hello Valyo,

I think that using SetTrailStop(double currency) also works, but you have to be careful about the price its given. This needs to be a price behind the market at the time of submission.

If you were to set this in Initialize() the price is likely going to be wrong by the time the order is submitted. So it's important that if this is set, it is set just before (like one line before) the entry order is called.

[Valyo]

Hello Valyo,

I think that using SetTrailStop(double currency) also works, but you have to be careful about the price its given. This needs to be a price behind the market at the time of submission.

If you were to set this in Initialize() the price is likely going to be wrong by the time the order is submitted. So it's important that if this is set, it is set just before (like one line before) the entry order is called.

I thought that currency in SetTrailStop(double currency) is the loss and not the price. At least this is the explanation in NinjaTrader help. Isn't it loss?

Is it true that the offset for Trail Stop should be at least $0.01?
I will calculate different offsets and I should add it to calculations.

[Valyo]

I have another question about the prices.

Is it possible to use both Bid and Ask prices with primary bars?

For example I would like to make decisions based on Ask price and to buy at Bid price.

Is it possible and how it could be done?

Thanks,

Valentin

[NinjaTrader_ChelseaB]

Hello Valentin,

Yes, this is possible.

At any time you can call GetCurrentAsk() or GetCurrentBid() (or GetCurrentAskVolume() or GetCurrentBidVolume).
http://www.ninjatrader.com/support/h...currentask.htm

You can also get this from OnMarketData.
http://www.ninjatrader.com/support/h...marketdata.htm

You could also add a secondary series to the script and use MarketDataType.Ask.
http://www.ninjatrader.com/support/h...s/nt7/add3.htm

[Valyo]

Thank you, Chelsea.

Can I get last order filling price like this: Orders[Orders.Count - 1].AvgFillPrice ?

[NinjaTrader_ChelseaB]

Hello Valyo,

You can either make an IOrder and use the IOrder to get the AvgFillPrice or use the trade collection.


IOrder myOrder = EnterLong();

Print(myOrder.AvgFillPrice);

http://www.ninjatrader.com/support/h...nt7/iorder.htm

Or

Print(Performance.AllTrades[Performance.AllTrades.Count-1].Entry.Order.AvgFillPrice);

http://www.ninjatrader.com/support/h...collection.htm

[Valyo]

Thank you, Chelsea.

Actually I want to know the filling price of trail stop, so it should be

Performance.AllTrades[Performance.AllTrades.Count - 1].Exit.Order.AvgFillPrice