Opposing buy/sell stop order creation.

[adam911]

I'm very new to Ninja strategy builder and I have a question about order management. Through searching I see this or similar questions have been asked before, but a lot of the replies are quite old and I can't find a definitive answer, so I was wondering if there is an easy way to do this:

I'd like to place a buy stop order above my current price and a sell stop order below my current price and whichever get's triggered first cancels the other. I have tried to do this manually in playback and I don't seem to be able to do it, even enabling OCO. Is this possible either in strategy builder or manually?

Thank you in advance.

[adam911]

Please disregard this message, as I have since found this post which answers my question

https://forum.ninjatrader.com/forum/ninjatrader-8/platform-technical-support-aa/1130111-enter-2-stop-market-orders-oco

[NinjaTrader_Gaby]

Hello adam911,

Thank you for your post.

It is possible manually as mentioned in the post you linked, however please note this would not be possible in the Strategy Builder and would need to be achieved through an unlocked script (manual coding).

We have an existing sample script that demonstrates linking orders via OCO using the Unmanaged Approach, which can be found in this forum post:

https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/92922-2-entry-orders-help?p=770579#post770579

If you have any further questions, please let us know.

[adam911]

Hello adam911,

Thank you for your post.

It is possible manually as mentioned in the post you linked, however please note this would not be possible in the Strategy Builder and would need to be achieved through an unlocked script (manual coding).

We have an existing sample script that demonstrates linking orders via OCO using the Unmanaged Approach, which can be found in this forum post:

https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/92922-2-entry-orders-help?p=770579#post770579

If you have any further questions, please let us know.

That's great, thank you very much.