BuyStop orders

[AdeptistJune]

Hello,

What can I do to get the program to stop trying to place buy stop orders below the market; which is causing my program to disable itself?

[NinjaTrader_ChrisL]

Hi AdeptistJune, thanks for posting. The strategy is trying to place the buy stop order either too close to the market price and the price changes before the order is submitted or the original price is below the market. You will need to compare the price you are setting the order at to GetCurrentAsk() to make sure the price is above the ask or place the order further away from the market price (from the ask price).

Kind regards,
-ChrisL

[AdeptistJune]

Hello Chris,

How would I compare the price I'm setting the order at to GetCurrentAsk()?

if(price > GetCurrnetAsk())
{
EnterLongStopMarket();
}

[NinjaTrader_ChrisL]

Hi AdeptistJune, It depends on how your strategy is set up and how you are calling the order, but it would be similar to this:

if(High[0]+TickSize*5 > GetCurrentAsk())
EnterLongStopMarket(High[0]+TickSize*5);