placing a limit order 1 tick above signal bar

[NinjaTrader_PaulH]

Hello babouin77,

Thanks for your reply.

It would be best if you are checking that the current price is below the intended long stop price before you place the order.

Example:

if (your entry conditions && GetCurrentAsk() < LongEntry - 5 * TickSize)
{
EnterLongStopMarket(0, true, Convert.ToInt32(ContractSize), LongEntry, "Long"); //place order only when price is 5 ticks or more below the intended entry.
}

[babouin77]

thanks. that makes sense.

is there a way that if the current ask is not < 5 ticksize to enter market order instead of the stop limit in the same condition? can I do like this

if (your entry conditions && GetCurrentAsk() < LongEntry - 5 * TickSize)
{
EnterLongStopMarket(0, true, Convert.ToInt32(ContractSize), LongEntry, "Long"); //place order only when price is 5 ticks or more below the intended entry.
}
else
enter longmarket
?

[NinjaTrader_PaulH]

Hello babouin77,

Thanks for your reply.

Yes, you can certainly do that.