@SampleAtmStrategy questions

[giogio1]

There are two things I can't understand on the @SampleAtmStrategy

Referring to this section of its code:

// You can change the stop price
if (GetAtmStrategyMarketPosition(atmStrategyId) != MarketPosition.Flat)
{ //Brackets are missing on original SampleAtmStrategy
AtmStrategyChangeStopTarget(DefaultQuantity, 0, "STOP1", atmStrategyId); //error occurs when a limit order is placed. This is market order form.

it uses the instruction:
Syntax:
AtmStrategyChangeStopTarget(double limitPrice, double stopPrice, string orderName, string atmStrategyId)

The first parameter is limitPrice and yet I am placing a DefaultQuantity.
Can you explain?

Also, what does it mean " //error occurs when a limit order is placed. This is market order form." ?

Best
Gio

[NinjaTrader_ChelseaB]

Hello Gio,

AtmStrategyChangeStopTarget() does not allow the quantity to be modified. You are only able to change the price.

You will need to remove the DefaultQuantity.

For a stop order (stop loss) the limit price will be ignored. For a limit order (profit target) the stop price will be ignored.


"Also, what does it mean " //error occurs when a limit order is placed. This is market order form." ?"

The example assumes the entry order is a market order which fills immediately.
If the entry is a limit order, the entry may not fill before this AtmStrategyChangeStopTarget() method is called. If the method is called before the entry fills, there is no stop or limit order to modify and this causes an error.

[giogio1]

Thank you!