AtmStrategyChangeStopTarget -- How to change Profit and Stop price

[BeachTrader11807]

Hello,

I am having trouble when using AtmStrategyChangeStopTarget for changing profit target and stop loss. I am getting a log error 'Target1 is invalid.

I am providing a sample of your SampleAtmStrategy which was edited to move Target to make this easy

Here is the code I have added for the target

// You can change the stop price
if (GetAtmStrategyMarketPosition(atmStrategyId) != MarketPosition.Flat)
AtmStrategyChangeStopTarget(0, Low[0] - 3 * TickSize, "STOP1", atmStrategyId);
AtmStrategyChangeStopTarget(0, High[0] + 3 * TickSize, "TARGET1", atmStrategyId);

Thanks in advance,

BeachTrader

[NinjaTrader_ChrisL]

Hello, thanks for writing in. You need to make sure the atmStrategyID length is > 0 before calling this method to make sure the ATM is active:

if (atmStrategyId.Length > 0)
    AtmStrategyChangeStopTarget(0, Low[0] - 3 * TickSize, "STOP1", atmStrategyId);

[BeachTrader11807]

Hi NinjaTrader_ChrisL, I should have posted more of the code. atmStrategyId.Length was checked before attempting to move the stop and target. Again this is a edit of the SampleAtmStrategy, I have just added the line to move "TARGET1" as well.

Do I need to check the ID length before each instance of the command? ie. once for stop loss and once for target?

Thanks for your help on this, I just cant seem to get it to work.

if (atmStrategyId.Length > 0)
{
// You can change the stop price
if (GetAtmStrategyMarketPosition(atmStrategyId) != MarketPosition.Flat)
AtmStrategyChangeStopTarget(0, Low[0] - 3 * TickSize, "STOP1", atmStrategyId);
AtmStrategyChangeStopTarget(0, High[0] + 3 * TickSize, "TARGET1", atmStrategyId);


// Print some information about the strategy to the output window, please note you access the ATM strategy specific position object here
// the ATM would run self contained and would not have an impact on your NinjaScript strategy position and PnL
Print("The current ATM Strategy market position is: " + GetAtmStrategyMarketPosition(atmStrategyId));
Print("The current ATM Strategy position quantity is: " + GetAtmStrategyPositionQuantity(atmStrategyId));
Print("The current ATM Strategy average price is: " + GetAtmStrategyPositionAveragePrice(atmStrategyId)) ;
Print("The current ATM Strategy Unrealized PnL is: " + GetAtmStrategyUnrealizedProfitLoss(atmStrategyId)) ;
}

[BeachTrader11807]

A quick clarification, The "move stop loss" is working, I am specifically having an issue with the target being moved.

Cheers!

[NinjaTrader_ChrisL]

Hi, Your Target order is going to be a Limit order, not a stop order. You will need to have a value in the first parameter and leave the stop price at 0.

[BeachTrader11807]

Worked like a charm!! thanks so much, I knew It was going to be something silly on my part, lol

Cheers!

BeachTrader