specific and general question around managed orders

[stewarco]

Hi. I'm using managed approach where I generate a number of trades on the same instrument, and simultaneously enter the stop/ target levels for each trade. This is working fine.
However, ideally I would like to implement trailing stops. Presumably the way to do this is with each bar update, take each individual stop order and update it to reflect the latest price move if appropriate. However, I don't know how to refer back to each Stop Order, as my entry signals identify the stop order based on bar number at time of entry.
Is there a way just to cycle through all outstanding stop orders without know their specific names? Are you guys aware of more elegant approaches out there to implementing trailing stops on trade by trade basis in the unmanaged framework?
thanks

[NinjaTrader_ChelseaB]

Hello stewarco,

You can use SetTrailStop in the managed approach with unique signal names and these will keep the trailing stops separate.

If you are using the unmanaged approach, you must be able to identify the order.

You can loop through all the orders on an account, but if you did so, how would you know for any specific order when it needs to trail?

You would need to either identify the order by signal name / from entry signal, or you would need to store these to an array or list and index them in an intelligent way to know what goes with what.

Below is a public link to an example of a trailing stop using the unmanaged approach.

https://ninjatrader.com/support/forum/showthread.php?p=521345#post521345