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SetStopLoss() - order kind and price submitted
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SetStopLoss() - order kind and price submitted
Using the SetStopLoss() which order kind (exit at market, exit stop, exit limit, exit stop limit) will be sent and which price (open, close, high, low) of which bar (current, next) will be executed on a minute bar based backtest strategy?
Thanks for help!Last edited by Quikito; 04-01-2017, 01:46 AM.Tags: None
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Hello Quikito,
Thank you for the post.
These would be submitted as stop market orders and would use the Entry price with an offset specified in price/tick/percent. You can find the full details on this order method here: http://ninjatrader.com/support/helpG...ub=SetStopLoss
Your logic is executed as CalculateOnBarClose=true in backtesting so orders would be submitted when the bar closes and then processed for fills. There are some differences between realtime and backtesting which you can find here: http://ninjatrader.com/support/helpG...htsub=backtest
I look forward to being of further assistance.JesseNinjaTrader Customer Service
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