How to have stop loss and profit target on same order

[kazisl]

Hello. I'm trying to put a stop loss and profit target on a single order. If I use the SetStopLoss() command, it orders with a stop loss only and I dont see how to add a profit target to that same order. Thank you.

[NinjaTrader_ChrisL]

Hello kazisl, thanks for your post.

We have the SetProfitTarget() method that will submit a profit target for entry orders:

https://ninjatrader.com/support/help...ofittarget.htm

Please let me know if I can assist any further.

[kazisl]

So if I use SetProfitTarget() and SetStopLoss(), doesn't that set 2 seperate orders?

[NinjaTrader_ChrisL]

Hello kazisl, thanks for your reply.

That is correct. A limit order will be placed for SetProfitTarget and a stop market order will be used for SetStopLoss by default.

Best regards.

[kazisl]

Would they automatically be OCO? Or is there something I need to do to make them OCO?

[NinjaTrader_ChrisL]

Hello kazisl, thanks for your reply.

Yes, they will be OCO automatically. They will be associated with an entry order so if either the other protective order or the position is filled/closed the order will be canceled along with them.

We also have a "DIY" version with advanced order handling techniques here:
https://ninjatrader.com/support/help...and_onexec.htm

Kind regards,
-ChrisL