SetStopLoss rejected

[dadarara]

I have seen some forum posts on this issue.
My case is not very different.
In Live market as well as in Playback mode I get the error on exit with SetStopLoss.
the order is rejected.... buystop or buystoplimit can't be placed bellow the market.

my setstoploss are placed inside the OnBarUpdate

without bothering you too much..
what would be the best approach to handle this ?

RealtimeErrorHandling ? and if the stop loss is filled then cancel all orders and go flat ?


thanks

[NinjaTrader_PaulH]

Hello dadarara,

Thanks for your post and welcome to the forums!

The SetStopLoss() method will retain the last value it was set to. If in your code sequence you are placing the entry order first then the setting the stop level please note that the prior stop level would be used when the entry is made thus likely causing the rejection.

If you are using the entry price to set your stoploss then you may want to use a 2 step process where you establish a "'default" stop, for example set the stop as in SetStopLoss(CalculationMode.Ticks, 10) so that upon entry you have a 10 tick stop loss, then after entry you can use Position.AveragePrice to then set a stop you prefer. You can mix CalculationModes in the strategy.

References:

http://ninjatrader.com/support/helpGuides/nt8/en-us/?setstoploss.htm

http://ninjatrader.com/support/helpGuides/nt8/en-us/?position_averageprice.htm

[dadarara]

Paul

actually thats what I am doing. setting the initial setstoploss somewhere bellow.
then checking that we moved far enough away and setting stop loss again on breakeven.
what happens is when the prices drops lower and gets to the stop level, I get the above errors. the price drops hard bellow the stop .

[NinjaTrader_PaulH]

Hello dadarara,

Thanks for your post.

Can you post your code or a segment of your code that would demonstrate the issue?

Alternatively, if you prefer, feel free to send your code into PlatformSupport[at]NinjaTrader[dot]Com, mark the e-mail Atten:Paul and include a link to this thread. The source file can be found in Documents>NinjaTrader8>bin>Custom>Strategy>

[dadarara]

done
I sent the email
any suggestions about any of the code I did are welcome
I am not a very good coder and I am just started a few weeks ago.