Order rejected

[Bobisam]

Hello Ninja Team!

My strategy was on today for ES and M6E, and i got few errors, it might not be an issue(or I might need to change my code) but I wanted to confirm. Please see attachment.

Thanks in advance!

[NinjaTrader_PaulH]

Hello Bobisam,

Thanks for your post.

Can you clarify if you are using a ATM strategy or a Ninjascript/strategy builder strategy?

[Bobisam]

Hi, Paul!

I am using NinjaScript itself. So, once entry conditions are met, strategy executing a long position M6E at 1.1263

My stop loss:

if (Position.MarketPosition == MarketPosition.Long)
{
SetStopLoss(CalculationMode.Price, execution.Order.AverageFillPrice - (2*ATR(100)[0]));
}

Looking at logs, it seems that the strategy set stop loss above long position's average price. Can you tell me what is wrong here please?

[NinjaTrader_PaulH]

Hello Bobisam,

Thanks for your post.

I would recommend that you add code to ensure that the current price is greater than execution.Order.AverageFillPrice - (2*ATR(100)[0] before actually placing the stop order.

[Bobisam]

Thanks Paul,

Just wanted to make sure I implemented correctly to avoid order rejection issue(stop loss)

if (Position.MarketPosition == MarketPosition.Long && Close[0]>execution.Order.AverageFillPrice - (2*ATR(100)[0]))
                    {
                    SetStopLoss(CalculationMode.Price, execution.Order.AverageFillPrice - (2*ATR(100)[0]));
                    }

                if (Position.MarketPosition == MarketPosition.Short && Close[0]<execution.Order.AverageFillPrice + (2*ATR(100)[0]))
                    {
                    SetStopLoss(CalculationMode.Price, execution.Order.AverageFillPrice + (2*ATR(100)[0]));
                    }

I have another question, what should I do if I want to backtest stocks using strategy analyzer, my ninja only comes with cme data, but stocks were separate subscription, do I need to subscribe for stocks data to backtest or is it free for backtesting?

[NinjaTrader_PaulH]

Hello Bobisam,

Thanks for your reply.

Please make sure you always confirm with a test using the Sim101 account.

Backtesting would require access to historical data. If your data provider offers stock data you would need to check with them regarding their historical data.