Distinguish between SetStopLoss vs SetProfitTarget executing

[farawayz]

Hello,

Lets I have code as such:


SetStopLoss(signalNameFinal, CalculationMode.Price, stopPrice, false); // Set stop loss
SetProfitTarget(signalNameFinal, CalculationMode.Price, targetPriceFinal); // Set profit target
EnterShortLimit(0, true, contractsToTrade, entryPrice, signalNameFinal);




So this is setup upon EnterShortLimit executing we have the managed setStopLoss and SetProfitTarget set, as they all share the same signalName.


My question is this, either that Target or that stop is going to execute - how do I know via code which one is triggered? I didn't see distinction in orderState.

I need to use that knowledge to perform logic, ex:
If trade stops out do ABC, if trade hits target do XYZ.


Thank you

[NinjaTrader_Gaby]

Hello farawayz,

Thank you for your post.

You can track them via OnExecutionUpdate(). Set methods such as SetStopLoss() and SetProfitTarget() have set signal names that cannot be changed, they are "Stop loss" and "Profit target".

https://ninjatrader.com/support/helpguides/nt8/onexecutionupdate.htm

signalNameFinal in the context below is the fromEntrySignal, which is not the same as the signalName. The fromEntrySignal is the signal name of the entry order, to tie the stop and target to the entry order.

SetProfitTarget(string fromEntrySignal, CalculationMode mode, double value)

https://ninjatrader.com/support/helpGuides/nt8/setprofittarget.htm

SetStopLoss(string fromEntrySignal, CalculationMode mode, double value, bool isSimulatedStop)

https://ninjatrader.com/support/helpGuides/nt8/setstoploss.htm

EnterShortLimit(int quantity, double limitPrice, string signalName)

https://ninjatrader.com/support/helpguides/nt8/entershortlimit.htm

Please let us know if you have any further questions.

[farawayz]

Thank you Gaby for the response.

Please allow me to digest this before I come back for more help. Appreciate it.