How to avoid placing an order

[Rosario]

Hello

What would be a good approach for coding to avoid place an order in chart if some conditions happen? For example, if RSI>80, avoid placing BUY orders.

Thanks,

[NinjaTrader_ChrisL]

Hi Rosario, thanks for posting.

One way of doing it would be to include it in your entry condition e.g.

if(<entry condition> && !(RSI(14)[0] > 80)) //note the negation of the boolean condition
EnterLong();

Kind regards,
-ChrisL

[Rosario]

Hello Chris

I have not explained well. What I need is working in a code that avoids placing a manual order in chart trader after evaluating certain conditions.

Sincerely,

[NinjaTrader_ChrisL]

Hi Rosario, thanks for your reply. There's nothing that can be done in a script that will block all orders going through the platform. One would need to make an indicator that would signal wether you should manually trade or not.

Kind regards,
-ChrisL