How to return the Position Entry Price??

[Ninja in Training]

How do I return the Position Entry Price after an entry is filled?

I have a StopLoss/TrailStop strategy that sets a tight Stoploss and turns into a loose Trailstop as the price rises. The Stop Price that I use for the ExitLongStop( ) is currently based on the previous close[0] from the entry price. However, this produces bad results when the price gap up or down, so I’d like to base the stoploss price off the Position Entry Price rather than the previous Close[0].

[NinjaTrader_Ray]

You can get the average price of a position via

Position.AvgPrice - http://www.ninjatrader-support.com/H.../AvgPrice.html

[Ninja in Training]

Thank You Ray,

Will the code below return the entry price of the Long Position??

If (Position.MarketPostion == MarketPosition.Flat)
{
If (Close[0] > Close [1]) //entry condition
{
EnterLong(1)
x = Position.AvgPrice // positon entry price
}
}

Given my current understanding NT will enter on the next BarUpdate and therefore the code will NOT work because the Long postion will not have been completed yet.

[NinjaTrader_Ray]

Your understanding is correct, it would not work.