Help with OCO order in a strategy

[percy3687]

Plz help me correct this code. It compiles but unable to enable the strategy. My goals is to enter long based on some criteria and as soon i am long, want to place OCO order to book profit or loss.

        protected override void OnBarUpdate()
        {
            if (BarsInProgress != 0)
                return;

            if (CurrentBars[0] < 2)
                return;

             // Set 1
            if ((Close[0] > Close[1])
                 && (Position.MarketPosition == MarketPosition.Flat)
                 && (CrossAbove(Close, EMA1, 1))
                 && (ATR1[0] > ATRLength))
            {
                Targetprice = (ATR1[0] / 2) ; // store a target price to exit
                Stopprice = (Low[2] - 0.25) ; // store a stop price to exit
                SubmitOrderUnmanaged(0, OrderAction.Buy, OrderType.Market, 1, 0,  0, "oco1", "emascalp"); // entr long if the criteria is met
                
            }
            
            if ((Position.MarketPosition == MarketPosition.Long)) // if long position established
            {
                SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.Limit, 1, Targetprice,  0, "oco1", "emascalp"); //submit oco profit booking order
                SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.StopMarket,  1, Stopprice,  0, "oco1", "emascalp");// submit oco loss booking order
            }
            
        }
        ​

[NinjaTrader_Gaby]

Hello percy3687,

Thank you for your post.

If your strategy is getting automatically disabled, what is the full error being shown in the Log tab of the Control Center?

Please note that OCO strings should not be reused. Use unique strings for each OCO group, and reset after orders in that group are filled/canceled.

Below is also a link to a sample script which demonstrates submitting orders using the Unmanaged Approach:

https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/1163912-unmanaged-order-approach-examples?p=1163913#post1163913