ATM stop

[Leeroy_Jenkins]

Hello,
If I understand correctly it's not possible to use OnExecution() method within ATM strategy. Is there any way to change stop loss immediately after entry order execution?

[NinjaTrader_ChrisL]

Hello Leeroy_Jenkins, thanks for writing in.

You will need to run the script OnEachTick to get the update as soon as possible. Call GetAtmStrategyEntryOrderStatus() on each tick (if the ATM has been submitted) to check for the entry order fill. Once that reaches the filled state you can change the stop price with AtmStrategyChangeStopTarget(). This is not as quick as OnExecutionUpdate, but it is the closest you can get using at ATM strategy.

Please let me know if I can assist any further.

[Leeroy_Jenkins]

I'm trying to implement @SampleAtmStrategy in my code and sometimes get 'AtmStrategyChangeStopTarget' method error: Order name 'Stop1' is invalid error. Entry order is filled but looks like stop haven't placed yet. So my code looks like this:

protected override void OnBarUpdate()
{

if (atmStrategyId.Length > 0)
ChangeStop();

}

private void ChangeStop()
{

if (GetAtmStrategyMarketPosition(atmStrategyId) != MarketPosition.Flat && !StopPlaced)
{

try
{
// You can change the stop price
if (GetAtmStrategyMarketPosition(atmStrategyId) == MarketPosition.Long)
{
AtmStrategyChangeStopTarget(0, StopPriceLong, "Stop1", atmStrategyId);
StopPlaced = true;
}

if (GetAtmStrategyMarketPosition(atmStrategyId) == MarketPosition.Short)
{
AtmStrategyChangeStopTarget(0, StopPriceShort, "Stop1", atmStrategyId);
StopPlaced = true;
}

}

catch (Exception e)
{
if (State >= State.Terminated)

return;
Log("SampleTryCatch Error: Please check your code for errors.", NinjaTrader.Cbi.LogLevel.Warning);
Print(Time[0] + " " + e.ToString());
}

}

}

Sometimes it works w/o error.

I tried to check it this way and error still exists:

//on bar update
string[] status = GetAtmStrategyEntryOrderStatus(orderId);
if(status[2] == "Filled") ChangeStop();

[NinjaTrader_ChrisL]

Hello, thanks for the follow up.

The problem could be the stop or target orders are not filled yet. Please check stop and target for State.Filled before trying to change the order:

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

I look forward to hearing of you results.

[Leeroy_Jenkins]

You mean State.Accepted cuz I'm trying to change stop order which doesn't exist yet.

I'm checking if it's Accepted by using GetAtmStrategyStopTargetOrderStatus but still get this error Order name 'Stop1' is invalid.
There is some delay between filled entry order and ATM places stop loss order. So how can I check Stop1 if it's doesn't exist?

[NinjaTrader_ChrisL]

Hello Leeroy_Jenkins, thanks for your reply.

I apologize for the oversight, I did mean either the Working or Accepted state. Do you have a reduced example you can post or send to me? I will be happy to take a look at the original code. If you do not want to post it here, please send it to platformsupport at ninjatrader.com and reference "Attn ChrisL 2780455" in the body of the email.

https://ninjatrader.com/support/help...tAsSourceFiles - Export Script.

I look forward to hearing from you.

[NinjaTrader_ChrisL]

Hello Leeroy_Jenkins, thanks for your reply.

I was able to get it to work by changing "STOP1" To "Stop1". Please test this out and let me know how it goes.

I look forward to hearing from you.