Draw at Entry Point

[cfree5119]

I am trying to draw a dot at my entry point that represents my SetStopLoss immediately. However, it is drawing a dot at every point my entry condition is met. Find the code below. Thank you in advance for the help.

			// Long Entry Conditions
            if (Close[0] >= DonchianChannelATR(EntryPeriod).UpperLine[1]) // Enter long position if close is >= given high
            {
                EnterLong((int)oneUnit, "LongPosition1");
			// Long Exit Conditions	
				SetStopLoss("LongPosition1", CalculationMode.Price, (int)trailingLongStopATR, true);
				DrawDot(CurrentBar.ToString(), true, 0, trailingLongStopATR, Color.Yellow);

[NinjaTrader_Joydeep]

Hello cfree5119,
Thanks for writing in and I am happy to assist you.

Please draw the dot from OnOrderUpdate and also make sure you are using an unique tag id like:

protected override void OnOrderUpdate(IOrder order)
{
			if (order.Name == "Stop loss") DrawDot(order.OrderId, true, 0, order.StopPrice, Color.Yellow);

Please let me know if I can assist you any further.

[cfree5119]

This places a dot at the correct bar but does not place the dot on the y-axis value that I specified earlier, trailingLongStopATR. The x-axis is correct though.

[NinjaTrader_Joydeep]

Hello cfree5119,
In the sample code I have used the stop price. Please modify the code accordingly as per your need.

Please let me know if I can assist you any further.

[cfree5119]

However, the stop price does not reside at the stop price but at 0. See the attached image.
The sample code you gave me and I modified looks like this. I want the dot placed at my stoploss previously coded.

			// Long Entry Conditions
            if (Close[0] >= DonchianChannelATR(EntryPeriod).UpperLine[1]) // Enter long position if close is >= given high
            {
                EnterLong((int)oneUnit, "LongPosition1");
			// Long Exit Conditions	
				SetStopLoss("LongPosition1", CalculationMode.Price, (int)trailingLongStopATR, true);
            }
			if (Close[0] <= DonchianChannelATR(ExitPeriod).LowerLine[1]) // Exit Long position if close <= given low
			{
				ExitLong();
			}
        }
		
		protected override void OnOrderUpdate(IOrder order)
		{
			if (order.Name == "LongPosition1") DrawDot(order.OrderId, true, 0, order.StopPrice, Color.Yellow);
		}

[NinjaTrader_Joydeep]

Hello cfree5119,
You have set the Calculation mode as Price while have used an integer as the value. Please debug your code using the Print function and see whether the stop price is the value as per your desire http://www.ninjatrader.com/support/h...html?print.htm

For more on debugging please refer here http://www.ninjatrader.com/support/f...d.php?t=3418as

Please let me know if I can assist you any further.

[cfree5119]

I have fixed that mistake yet the code you wrote is still yielding zero. Also, the print function shows my my desired value. Forgive me for my lack of programming experience. I am using the the string "LongPosition1" in the draw code that is both associated with my long entry and StopLoss. I can't think of anything else to try.

[NinjaTrader_Joydeep]

Hello cfree5119,
If you set the stop order as simulated then OnOrderUpdate will not be triggered as the order is not real. Set the same to false.
Also the order name will be Stop loss. Please find the below rectified code.

	// Long Entry Conditions
 if (Close[0] >= DonchianChannelATR(EntryPeriod).UpperLine[1]) // Enter long position if close is >= given high
{
       	EnterLong((int)oneUnit, "LongPosition1");
	// Long Exit Conditions	
	SetStopLoss("LongPosition1", CalculationMode.Price, (int)trailingLongStopATR, [B][COLOR="Blue"]false[/COLOR][/B]);
}
if (Close[0] <= DonchianChannelATR(ExitPeriod).LowerLine[1]) // Exit Long position if close <= given low
{
	ExitLong();
}
 
		
protected override void OnOrderUpdate(IOrder order)
{
	if (order.Name == "[COLOR="blue"][B]Stop loss[/B][/COLOR]") DrawDot(order.OrderId, true, 0, order.StopPrice, Color.Yellow);
}

Please let me know if I can assist you any further.

[cfree5119]

Thank you. This works well now as far as the y-value is concerned. Now the dot is being plotted where the instrument is exited opposed to my original plan of wanting the dot plotted upon entry.

[NinjaTrader_Joydeep]

Hello cfree5119,
Glad its working.

Have you set the simulated to false (in SetStopLoss(...))? If set thus, the dot will be drawn when the entry is filled itself.

Please let me know if I can assist you any further.

[cfree5119]

I made the corrections you suggested. Here is the updated code below. I would prefer to have the dot placed upon the long position entering not exiting. Also, see the screenshot to visualize what I am speaking of.

			// Long Conditions
            if (Close[0] >= DonchianChannelATR(EntryPeriod).UpperLine[1]) // Enter long position if close is >= given high
            {
                EnterLong((int)oneUnit, "LongPosition1");
				SetStopLoss("LongPosition1", CalculationMode.Price, trailingLongStopATR, false);
            }
			
			if (Close[0] <= DonchianChannelATR(ExitPeriod).LowerLine[1]) // Exit Long position if close <= given low
			{
				ExitLong();
			}
        }
		
		protected override void OnOrderUpdate(IOrder order)
		{
			if (order.Name == "Stop loss") DrawDot(order.OrderId, true, 0, order.StopPrice, Color.Yellow);
		}

[NinjaTrader_Joydeep]

Hello cfree5119,
The dot is drawn when the entry was made. But it is subsequently changed when the stop is getting filled/cancelled upon exit since the tag name is the same.

Add an additional check to make sure the dot is drawn on the entry bar only.

if (order.Name == "Stop loss" && BarsSinceEntry("LongPosition1") == 0) DrawDot(order.OrderId, true, 0, order.StopPrice, Color.Yellow);

Please let me know if I can assist you any further.

[cfree5119]

I see, easy enough. Let say I wanted to draw a line wherever the dynamically changing stop is. Would it be best to use a plot function for this or draw a line from the entry and exit? The stop will only change upon another entry that scales in. Thanks again for the wonderful help.

[NinjaTrader_Joydeep]

Hello cfree5119,
You can use a Plot for the purpose or a line. Both has their own pros and cons and it depends on what exactly you want to do.

To assign plot values from a strategy please refer to this sample code http://ninjatrader.com/support/forum...ead.php?t=6651

Please let me know if I can assist you any further.