Order entry with breakout

[Davoone1]

Hello i wanted to know if it is possible to create a ORDER ENTRY WITH BREAKOUT. Thanks for your help

[NinjaTrader_ChelseaB]

Hello Davoone1,

This is possible. I would recommend using OCO with the unmanaged approach.

Below is a link to an example you may find helpful.

https://ninjatrader.com/support/forum/showthread.php?p=486926#post486926

[Davoone1]

Thanks for your help, im using renko bars and what i want is entry in the breakout ,when an opposite bar is formed.It is that possible to create that order ?

[NinjaTrader_ChelseaB]

Hello Davoone1,

Likely this is possible. Try writing out the specific logic.

You want to trigger an action when the previous bar's open is greater than the close and on the current bar the open is less than close?

[Davoone1]

yes, what i’m saying is that when i’m using renko bars, or which ever other (in this case i’m using renko bars) & i want to put my order & the moment that the renko bar is opposite & it closes out & my order enters automatically. So when i put my order & a bar opposite to mine closes, i want my order to go in. I don’t know if there is a way to do this? Thank you so much for your help, i really appreciate it.

[NinjaTrader_ChelseaB]

Hello Davoone1,

Yes, there is a way to program NinjaScript Strategies to automatically place orders with criteria.

I recommend you try creating this script in the Strategy Builder.

Below I am providing a public link to a forum post with helpful information about getting started with NinjaScript.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040