Market-if-Touched Order Configuration in Strategy Builder

[cortlane]

My Objective:

1. A strategy that executes all entry orders on the close of candles.
2. On signal, execute a market-if-touched order "x" ticks from the close of candle.
3. So for Longs, that would be "x" ticks below the close of the previous candle, and conversely for Shorts.

This question was asked by johnMoss a few years ago and was answered by Ninjatrader_PaulH who provided several links explaining the solution.

I was able to find his answer but was not able to access any of the links provided.

Any help would be appreciated.

[NinjaTrader_BrandonH]

Hello cortlane,

Thanks for your post.

To submit a Market-If-Touched Entry order in the Strategy Builder, you could click 'Add' in the Actions menu, open the 'Order management' folder and select the 'Enter long position by a market-if-touched order' or the 'Enter short position by a market-if-touched order' option.

To submit a Market-If-Touched Exit order in the Strategy Builder, you could click 'Add' in the Actions menu, open the 'Order management' folder and select the 'Exit long position by a market-if-touched order' or the 'Exit short position by a market-if-touched order' option.

You would then set the order's 'Stop price' field to the Close price (Price folder > Close) with a Tick offset.

How to enter a market position: https://ninjatrader.com/support/help...MarketPosition
How to exit a market position: https://ninjatrader.com/support/help...MarketPosition
Offsetting a value: https://ninjatrader.com/support/help..._builder.htm#H owToOffsetAnItemValue

Below is a link to a forum post with helpful information about getting started with NinjaScript.
https://ninjatrader.com/support/foru...040#post786040