SetStopLoss Simulated

[KirkHammett]

Hi!

If SetStopLoss is set to simulated in OnStateChange() and trading hours of a strategy are set to regular trading hours, will it execute also outside the regular trading hours (eg. within extended trading hours)? If yes, is it possible to restrict it to execute only within the trading hours of the strategy or more specificly only if the price is hit within the strategies' trading hours?

Does it calculate on each tick? So, even if the strategy is set to 120min chart it will immediately send an order as soon as the price is hit?

Thanks!

Regards
Kirk

[Emma1]

If you are using the sample MovingAverage its uses its own settings and ignore your settings.If strategy is set to tick , it will calculate in Tick but if strategy is set to mins , it will calculate in minutes.

https://ninjatrader.com/support/helpGuides/nt8/?simulated_stop_orders.htm

[NinjaTrader_ChrisL]

Hi Kirk, thanks for your post.

If the stop is simulated, the stop will be submitted as a market order only if the market price reaches the price of the stop. A strategy will not trade if outside of the Session Template applied in the Data Series menu:

https://ninjatrader.com/support/help...ding_hours.htm - Trading Hours

The stop does calculate "on each tick" even though the strategy might run OnBarClose. So if the price reaches a stop price, the order will be submitted.

Please let me know if I can assist any further.

[KirkHammett]

Perfect thanks a lot for the quick response!