SetStopLoss not working at all

[judysamnt7]

Hi there !
why the following stoploss code never get executed ? they are placed under OnBarUpdate method within strategy.
could this due to the entry order was either manually placed or placed by another strategy?

which means that SetStopLoss and SetProfitTarget work only for same strategy entry order ?


if (PositionsAccount[0].MarketPosition == MarketPosition.Flat)
{
SetStopLoss(CalculationMode.Ticks, 40);
}

// If an position is open, allow for stop loss and target modification to $50
else (PositionsAccount[0].MarketPosition == MarketPosition.Long)
{

SetStopLoss(CalculationMode.Currency, 50);
SetProfitTarget(CalculationMode.Currency, 50);

}

[NinjaTrader_Gaby]

Hello judysamnt7,

Thank you for your post.

A strategy can only manage orders placed by the strategy itself - it cannot manage manual orders or orders placed by another strategy.

Please let us know if you have any further questions.