Move stoplosses if trigger hits based on realtime price

[sofortune]

I am developing a strategy that has entry/exit criteria based on values at the close of bar. For reference, the the code is something like the below below:

protected override void OnBarUpdate()
{

if (CurrentBar < 1)
return;

double emaHigh = EMA(High, EmaPeriod)[0];
double emaLow = EMA(Low, EmaPeriod)[0];

if (Close[0] > emaHigh)
{ //entry code here...}
else if (Close[0] < emaLow)
{ //entry code here...}

}



Under Set.defaults i am using Calculate = Calculate.OnBarClose

I also have two other functions:

1) CalculateUnrealizedPL()
2) ModifyStopLoss() - This moves the stoploss to BE once the price hits a trigger value which is a certain amount into the green

Both these functions are called in onMarketUpdate()

protected override void OnMarketData(MarketDataEventArgs e)
{

if (e.MarketDataType != MarketDataType.Last || e.Instrument != Instrument)
return;

// Loop through positions and calculate unrealized P/L
if (!stopLossesModified)
{

foreach (var position in Positions)
{

double unrealizedPL = CalculateUnrealizedPL(position);

if (unrealizedPL >= BreakevenThreshold)
{
ModifyStopLosses(position);
}

}

}

}


The issue i am having is that it is only moving the stoploss if the candle closes beyond the trigger value, but i want it to move the stoploss immediately when it hits the trigger value. I know that if i cange calculate to OnEachTick it would do that, but then the entry/exit critera are affected when i change that. Is there a way that i can kep the onbarupdate code using calculate.onBarClose while using OnEachTick for the onmarket data conditions? Or any other way to achieve movement of stoploss based on real time touch of the trigger price instead of only after a bar close beyond it?

[NinjaTrader_Jesse]

Hello sofortune

From this snippet it would be impossible to see how the logic is working when you run the script, you would likely need to use a print here to see when your condition is becoming true. To move a stoploss in realtime you would need to call the order method again or use the ChangeOrder method depending on how you developed your script.

https://ninjatrader.com/support/helpGuides/nt8/managed_changeorder.htm