Standing orders getting canceled.

[ZeroKuhl]

I took the sample code and added a couple of targets and set a BE stop once the first target was hit. For whatever reason, when this silly sample strat hits the second profit target it exits it cancels out the current standing orders but leaves an open position. I have no idea why or how to fix this. Any help would be most appreciated.

Ran on NQ 1 minute chart.

See attached:
SampleOnOrderUpdate.cs

[NinjaTrader_Jesse]

Hello ZeroKuhl,

Are you trying to scale out? If so you need to submit unique entries in order to scale out the exit. For example if you want 3 exits for 3 quantity you should have 3 entries.

[ZeroKuhl]

Hello ZeroKuhl,

Are you trying to scale out? If so you need to submit unique entries in order to scale out the exit. For example, if you want 3 exits for 3 quantity you should have 3 entries.

The original order was for 3 contracts. I am trying to have multiple profit targets to scale out by one contract and move the stop to BE after it hits the first target. That works. But when the second target gets hit then it takes profit and cancels the thrid target. Leaving an unprotected open position.

So are you saying I need separate entry orders for every profit target?

Like this?

EnterLong(1,"MyEntry1");
EnterLong(1,"MyEntry2");
EnterLong(1,"MyEntry3");

[NinjaTrader_Jesse]

Hello ZeroKuhl,

Yes if you are trying to scale out you should have 3 entries with unique signal names. That breaks the position up into portions which you can control with targets.

[ZeroKuhl]

Hello ZeroKuhl,

Yes if you are trying to scale out you should have 3 entries with unique signal names. That breaks the position up into portions which you can control with targets.

Seems like a very unfortunate way of doing things requiring a lot of code duplication. Do you guys have any example code with multiple targets as previously described? Also, I assume that I will need separate stop orders for each entry as well?

Would there be any benefit from doing an unmanaged approach for this case?

[NinjaTrader_Jesse]

Hello ZeroKuhl,

To submit multiple targets you would send multiple SetProfitTarget methods.

https://ninjatrader.com/support/helpGuides/nt8/setprofittarget.htm?zoom_highlightsub=setprof

[ZeroKuhl]

Hello ZeroKuhl,

To submit multiple targets you would send multiple SetProfitTarget methods.

https://ninjatrader.com/support/helpGuides/nt8/setprofittarget.htm?zoom_highlightsub=setprof

Was my understanding that you should not mix the two order type functions Sets and Exits. The attached code was based on an example NT staff have reposted numerous times.

So if we are supposed to use SetProfitTarget as you suggested then what is the point of having the profit targets in the OnExecutionUpdate function from the NT example code?

[NinjaTrader_Jesse]

Hello ZeroKuhl,

I am unsure what the sample you provided was targeted for in your previous correspondence. To make a strategy that submits multiple orders and also scales out would require using multiple entries.

[ZeroKuhl]

Hello ZeroKuhl,

I am unsure what the sample you provided was targeted for in your previous correspondence. To make a strategy that submits multiple orders and also scales out would require using multiple entries.

Your suggestion made everything worse. The hunt for a solution continues.