Dynamic exit limit + stoploss if BarsSinceEntryExecution >= 1

[linkcou]

Hi team,

I have a strategy that exit the market with a limit order which value is updated on each bar.
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I would like to add a protective stoploss that i want to be created only if BarsSinceEntryExecution >= 1. The stoploss is a hard price (the high or low of the last bar) depending if the position is short or long respectively.

I read that i have to create the stoplosses in OnExecutionUpdate() which i did. Attaching the code. However when i enable the strategy i have the following error:


Can anybody helps here?

[NinjaTrader_Jesse]

Hello linkcou,

That is just letting you know that you need to use the other overload for BarsSinceEntryExecution because you have added a secondary series to your script. Instead of BarsSinceEntryExecution() you need to use the overload

BarsSinceEntryExecution(int barsInProgressIndex, string signalName, int entryExecutionsAgo)

If you submitted the entry order to barsInProgress 0 you would just need to use 0 in this overload:

BarsSinceEntryExecution(0, "long limit entry",0)

[linkcou]

Thanks Jesse, it seems it works!

Another quick question: is it necessary to cancel the open exit orders when one of them is filled?

For example, if the limit exit order is filled then do i need to cancel the Stoploss or it's done automatically?

Thanks

[NinjaTrader_Jesse]

Hello linkcou,

If you are using signal names then no, when the associated position is closed the order should be canceled. If you see that the order is not cancelled in testing you can alternatively use CancelOrder from OnExecutionUpdate when one of the targets fills to cancel the opposite order. https://ninjatrader.com/support/help...ub=CancelOrder