Strategy problems with enabled, enters orders

[tfa2806trader]

Hi Everyone,

I am creating a strategy where a specific point is analyzed for the price, and an order is placed at a specific level. If the price approaches the order but it is not executed, the order is moved to another point. However, when I try to enable the strategy, I receive an error indicating issues with the SubmitOrderUnmanaged method.

Can you help me?

My Code


protected override void OnBarUpdate()
{
if (CurrentBar < 1 || State != State.Realtime)
return;

dailyHigh = Math.Max(dailyHigh, High[0]);
dailyLow = Math.Min(dailyLow, Low[0]);

entryPriceSell = dailyHigh + 10 * TickSize;
entryPriceBuy = dailyLow - 10 * TickSize;

if (double.IsNaN(entryPriceSell) || double.IsNaN(entryPriceBuy))
return;

if (Position.MarketPosition == MarketPosition.Flat)
{
CancelAllPendingOrders();

SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.Limit, 1, entryPriceSell, 0, "", "SellLimit");
SubmitOrderUnmanaged(0, OrderAction.Buy, OrderType.Limit, 1, entryPriceBuy, 0, "", "BuyLimit");
}

// Plota linhas de preço
PlotOrderLines();
}

Thanks a lot!

[NinjaTrader_ChelseaB]

Hello tfa2806trader,

To use SubmitOrderUnmanaged, the IsUnmanaged needs to be set to true.

https://developer.ninjatrader.com/docs/desktop/isunmanaged

I recommend setting IsUnmanaged to true in State.Configure.

[tfa2806trader]

Hi Chelsea B.

thanks you for your attention!

My IsUnmanaged is true, but error continue.


my code


protected override void OnStateChange()
{
if (State == State.SetDefaults)
{
Description = "Robô para operar baseado na máxima e mínima do dia no NQ.";
Name = "NQMaxMinBot";
Calculate = Calculate.OnEachTick;
EntriesPerDirection = 1;
IsUnmanaged = true;
IsInstantiatedOnEachOptimizationIteration = false;
}
else if (State == State.Configure)
{
SetStopLoss(CalculationMode.Ticks, 20); // Stop Loss de 20 ticks
SetProfitTarget(CalculationMode.Ticks, 40); // Take Profit de 40 ticks
}
}

[NinjaTrader_ChelseaB]

Hello tfa2806trader,

You set this to true in State.SetDefaults instead of State.Configure as I suggested in post # 2.

This means you will need to remove the script instance from the chart Strategies window, and add a new instance.

(It would be easier to just set this in State.Configure as I have already suggested, and then compile and reload the script.)

[tfa2806trader]

Sorry, I dont understand...

[NinjaTrader_ChelseaB]

Hello tfa2806trader,

In your code:

protected override void OnStateChange()
{
if (State == State.SetDefaults)
{
Description = "Robô para operar baseado na máxima e mínima do dia no NQ.";
Name = "NQMaxMinBot";
Calculate = Calculate.OnEachTick;
EntriesPerDirection = 1;
IsUnmanaged = true;
IsInstantiatedOnEachOptimizationIteration = false;
}
else if (State == State.Configure)
{
SetStopLoss(CalculationMode.Ticks, 20); // Stop Loss de 20 ticks
SetProfitTarget(CalculationMode.Ticks, 40); // Take Profit de 40 ticks
}
}

I've suggested assigning IsUnmanaged to true in State.Configure.
You have done this in the logic block for State.SetDefaults as shown in your code.
Either assign this from State.Configure as suggested, or remove the instance of the strategy from the Strategies window of the chart and add a new instance.

[tfa2806trader]

I Change my code, but other error in setstoploss. My setstopp is parameter in my code.

My code is attach! Can you look and help me?

[NinjaTrader_ChelseaB]

Hello tfa2806trader,

This is an unmanaged strategy. You cannot use SetStopLoss() or any managed approach order methods.
Unmanaged strategies use SubmitOrderUnmanaged() to submit orders only.

[tfa2806trader]

How do I use a managed order strategy?

[NinjaTrader_ChelseaB]

Hello tfa2806trader,

SubmitOrderUnmanaged() cannot be used in a managed strategy.

You would need to use managed approach order methods (like EnterLong()/ExitLong()) and set IsUnmanaged to false in State.Configure.

[tfa2806trader]

Can you give me an example? Please!

[NinjaTrader_ChelseaB]

Hello tfa2806trader,

Below is a link to managed strategies using Exit orders and unmanaged strategies.

https://support.ninjatrader.com/s/article/Profit-Chase-Stop-Trail

[tfa2806trader]

Nice! Thanks for your help!

Have a good day!