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Entry Modification in Strategy Builder
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Entry Modification in Strategy Builder
Currently, I use a market entry/exit order in my strategies. I would like to modify the entry long to read: market order minus 5 ticks; short entry; market order plus 5 ticks. I tried using the limit price but couldn't make it work. Thanks.Tags: None
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Hello Fran888,
A sell limit order must be above the market price (above the current bid) and a buy limit order must be below the market (below the current ask).
If you want a working sell order below the market price, this will need to be a stop order, and if you want a working buy order above the market price, this will need to be stop order.
If you don't want the price to update on each bar, save the calculated price to a variable once, and then submit the order on each new bar using the variable.
Attached is a test script demonstrating.
StopEntryOrderBuilderTest_NT8.zipChelsea B.NinjaTrader Customer Service
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