account.CreateOrder in indicator for Stop loss and take profit

[tkaboris]

Hi I am selecting Limit enum from custom chart trader and want to create buy limit order when price retraces back a half way and also need to create stoploss and take profit order, so not to use ATM for limit orders.
Do I use same account.CreateOrder for stop loss and take profit?
OrderType.StopLimit for stop loss?

entryOrder = account.CreateOrder(instr, OrderAction.Buy, OrderType.Limit, TimeInForce.Gtc, numericStepperValue, Low[0] +barRangez , 0 , string.Empty, "Entry",

else if (wtrOrderEntryCommandsState == WTROrderEntryCommandsState.BuyClose)
                {
                                    
//                    if (IsFirstTickOfBar)
//                    {        
                        double highWick = Math.Abs(High[1] - Close[1])/ TickSize;
                        
                        if (cbxSelectedValue == "Market")
                        {
//                            if previous candle is bearish and current candle is closing bullish -> buy Close true, otherwise false
                            
                            if (Open[2] > Close[2] &&
                                Open[1] < Close[1] && highWick <= wickTick
                                )
                            {
                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.BuyCloseAwaiting;
                            
                                entryOrder = account.CreateOrder(instr, OrderAction.Buy, OrderType.Market, TimeInForce.Gtc, numericStepperValue, 0, 0, string.Empty, "Entry", null);
                                atmStrategy = NinjaTrader.NinjaScript.AtmStrategy.StartAtmStrategy(atm, entryOrder);
//                                Print("highWick Buy Close"+highWick);
                                atm = null;
                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
                                ResetButtons();
                            }
                            else
                            {
                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.Awaiting;
                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
                                ResetButtons();                                
                            }                            
                        }
                        else if (cbxSelectedValue == "Limit")
                        {    
                            if (High[0] > High[1])
                            {
//                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.BuyCloseAwaiting;
                                double barRangez = Math.Abs(High[1] - Low[0]) / 2;
                                
                                entryOrder = account.CreateOrder(instr, OrderAction.Buy, OrderType.Limit, TimeInForce.Gtc, numericStepperValue, Low[0] +barRangez , Low[0] , string.Empty, "Entry", null);
//                                 atmStrategy = NinjaTrader.NinjaScript.AtmStrategy.StartAtmStrategy(atm, entryOrder);
                                Print("Limit Time");
//                                atm = null;
//                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
                                ResetButtons();
                            }
                            else
                            {
                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.Awaiting;
                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
                                ResetButtons();                                
                            }
                        }
                        else if (cbxSelectedValue == "OCO")
                        {    
                            if (Open[1] < Close[1])
                            {
                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.BuyCloseAwaiting;
                            
                                entryOrder = account.CreateOrder(instr, OrderAction.Buy, OrderType.Market, TimeInForce.Gtc, numericStepperValue, 0, 0, string.Empty, "Entry", null);
                                atmStrategy = NinjaTrader.NinjaScript.AtmStrategy.StartAtmStrategy(atm, entryOrder);
                                
                                atm = null;
                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
                                ResetButtons();
                            }
                            else// if (Open[2] < Close[2] && Open[1] > Close[1])
                            {
                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.BuyCloseAwaiting;
                            
                                entryOrder = account.CreateOrder(instr, OrderAction.SellShort, OrderType.Market, TimeInForce.Gtc, numericStepperValue, 0, 0, string.Empty, "Entry", null);
                                atmStrategy = NinjaTrader.NinjaScript.AtmStrategy.StartAtmStrategy(atm, entryOrder);
                                
//                                atm = null;
                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
                                ResetButtons();                            
                            }
//                            else
//                            {
//                                wtrOrderEntryCommandsState = WTROrderEntryCommandsState.Awaiting;
//                                Draw.TextFixed(this, "atmNotSelected", "", TextPosition.BottomRight);
//                                ResetButtons();                                
//                            }
                        }                        
//                    }
                }​

[NinjaTrader_ChelseaB]

Hello tkaboris,

Yes, account.CreateOrder() would also be used for the stop and limit exit orders.

See the ProfitCaseStopTrailIndicatorExample example here:

https://support.ninjatrader.com/s/article/Profit-Chase-Stop-Trail