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Automated Limit Entry Below Current Algo Trigger Price

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    Automated Limit Entry Below Current Algo Trigger Price

    Hi Guys,
    I'm doing sumthin' wrong ...

    Objective: Enter a limit order x ticks below my trigger price.

    Example: Setting up a long order based on programmed strategy criteria. When the program is triggered, for example long at 2100.00, I want to be able to enter a limit order at or below the trigger price. I have set up a user defined object of "LimitPosition", with a current range of max '0' to min '-6'.

    I am using the strategy builder and have the Actions window open. I have tried several things which don't work. How do I do this?

    Thanks!

    #2
    Hello johnMoss,

    Thank you for your note.

    I removed your other post on this question in the support section as this is a NinjaScript question.

    It would not be possible to set the limit price 6 ticks from the trigger price using the strategy wizard. This could be done in the editor but would require coding experience. I might suggest you modify the trigger price by the offset, 6 ticks, and when that price is breached you submit a market order.

    Please let us know if you need further assistance.
    Alan P.NinjaTrader Customer Service

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