How to place two StopMarket order for trading range extension at same time ?

[dastaan]

Hi NT,

I am coding a range extension strategy which trades breakouts using Entry Stop Orders.
It is described in the image attached. I am wondering how I can place two Stop orders at same time.

Need help from Expert !

[NinjaTrader_PaulH]

Hello dastaan,

Thanks for your post.

Anytime your script is not working as expected please check the "Log" tab of the control center as any error messages generated by the strategy would be noted there.

If you are using the "Managed Approach" (Strategy builder type strategy is a managed approach or Ninjascript strategy by default) then you would be violating the internal order handling rules to prevent unwanted positions. Please see the section, " Internal Order Handling Rules that Reduce Unwanted Positions" here: https://ninjatrader.com/support/help...d_approach.htm

What you can do is monitor price and place whichever order will fit the direction.

If you would like more control in placing any orders you wish then you can use the "Unmanaged approach" which is described as, "The Unmanaged approach is reserved for VERY EXPERIENCED programmers. In place of the convenience layer that the Managed approach offered, the Unmanaged approach instead offers ultimate flexibility in terms of order submission and management.": https://ninjatrader.com/support/help...d_approach.htm