• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Newb question re stop orders

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Newb question re stop orders

    Sorry if this is a dumb question but why does this code never issue a sell-on-stop order? What I want to do is buy when a resistance level is broken, and set a stop at the old resistance level. However, the stop order never shows up in backtesting.

    NB this isn't a system, I just reduced it to a trivial example to figure it out.

    Code:
    protected override void Initialize()
            {
                Add(Swing(Lookback));
                Add(Swing(Lookback));
    
                CalculateOnBarClose = true;
            }
    
            /// <summary>
            /// Called on each bar update event (incoming tick)
            /// </summary>
            protected override void OnBarUpdate()
            {
                // Condition set 1
                if (CrossAbove(Close, Swing(Lookback).SwingHigh, 1)
                    && Position.MarketPosition != MarketPosition.Long)
                {
                    EnterLong(DefaultQuantity, "");
                    ExitLongStop(Swing(Lookback).SwingHigh[0], "", "");
                }
    
                // Condition set 2
                if (CrossBelow(Close, Swing(Lookback).SwingLow, 1))
                {
                    ExitLong("", "");
                }
            }

    #2
    The ExitLongStop() is only affective once you have a position open. At the time it is called, you do not have a position open. Move this out of the condition and add something like:

    if (Position.MarketPosition == MarketPosition.Long)
    ExitLongStop(yourParametersHere);
    RayNinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by benjamind10, Today, 07:27 PM
    0 responses
    2 views
    0 likes
    Last Post benjamind10  
    Started by YevhenShynkarenko, Today, 06:07 PM
    0 responses
    4 views
    0 likes
    Last Post YevhenShynkarenko  
    Started by StevenNelson, Today, 04:07 PM
    3 responses
    10 views
    0 likes
    Last Post NinjaTrader_ShawnB  
    Started by Matthew Spositi, Today, 03:28 PM
    2 responses
    8 views
    0 likes
    Last Post Matthew Spositi  
    Started by faisamtrader, Today, 01:30 PM
    2 responses
    20 views
    0 likes
    Last Post NinjaTrader_ChrisL  
    Working...
    X