LongLimit

[brokerbombero]

Hello. I have a doubt. I would like to enter a limit order between the close and the low of the bar..

//vela Bajista
if (Open[0] > Close[0])
{

//Suelos
if ((Close[0] - Low[0]) / TickSize >= Distancia)
{
EnterLongLimit(??????);
}

When the Price is rejected, I would like to establish a limit order between the close and the low of the bar...

Thanks a lot...

[NinjaTrader_Jim]

Hello brokerbombero,

Thanks for your question.

For placing a limit order at that price level between the Low and the Close, you could choose any price level between Close[0] - (Close[0] - Low[0]). If you added a multiplier, you could enter within that range in terms of a percentage of that range.

For example:

double PriceToEnter = Close[0] - (Close[0] - Low[0]) * Percent;

Where Percent is a double between 0 and 1.

As for placing another order upon order rejection, you could change the RealtimeErrorHandling of the strategy so the strategy is not aborted and then to catch the occurrence in OnOrderUpdate() to place a new limit order.

Please be sure to also review the documentation on the Managaed Approach so the Limit order is submitted properly with the IsLiveUntilCancelled overload if you desire this behavior.

I'll provide links to our publicly available documentation on the items discussed.

RealtimeErrorHandling - https://ninjatrader.com/support/help...orhandling.htm

OnOrderUpdate() - https://ninjatrader.com/support/help...rderupdate.htm

Managed Approach - https://ninjatrader.com/support/help...d_approach.htm