SetStopLoss and SetTrailStop simulate together

[ariliveitup]

I have visited the Advanced Order Handling section and I understand that SetStopLoss and SetTrailStop cannot be used concurrently for the same position, however I was wondering if there is workaround.

http://www.ninjatrader-support.com/H...dOrderHandling

This is what I am looking to do:

/***** Pseudocode below ***
double profitTarget = 8; // Ticks
double stopLoss = 8 // Ticks

Lets say I buy S&P Eminis for a 1000

I would like to immediately put out a stopOrder for 1000 - 8 ticks = 998

I believe I can do this in OnExecution( )
SetStopLoss

However when my PNL = 1000 + (profitTarget )8 ticks = 1002, I would want to cancel the StopLoss Order and generate a Trailing Stop Loss (trailing stop loss order by 8 ticks)

I do not want to start trailing right away because, the i want to allow 8 ticks of downside in the beginning and only after the simulated profit target is reached, I want to start trailing.

Given the fact that there are no references returned for stoploss orders, how do i cancel the stop loss order and send a trailing

[NinjaTrader_Bertrand]

ariliveitup, welcome to our forums - I would suggest you check into this sample below, as it deals with setting a static initial stop loss and then adjusting the set stop to provided the trailing functionality, all with using SetStopLoss only -

http://www.ninjatrader-support2.com/...ead.php?t=3222