Trade orders; fix stop to specific entry

[bretddog]

Hi,

I'm looking for the easiest way to fix any specific exit order to an entry order, for the formation of NT's order pairing in it's trades-reporting.

Specifically I need to perform the following (backtesting functionality):

1. Buy at the open of Daily bar, and/or on a limit price.
2. Have a stop order for each entry that may trigger on the same (entry) bar, or later bars.
3. When a stop is hit, it should create a trade that references it's corresponding entry order, and not the first open entry. *

* This will often be the last entry, if using fixed sized stops. So linking last exit to last entry will be helpful. But ideally, to work for variable stops, it should link to specific entry order.

I can use unmanaged mode, or 3rd party, e.g. LOM, if needed. Hard coding orders is also acceptable if this function exists. Just looking for simplest solution at the moment that allows for controlling the trade "pairing".

Note this need not to work for live trading, as it is currently for statistical purpose.

[NinjaTrader_PatrickH]

Hello Bretddog,

Thank you for your post.

You can use the FromEntrySignal string to call the SignalName used for the entry orders. This is available in the Strategy Analyzer for each order under Signal Name and From Signal Name.

For information on each order type in the Managed Order Approach (Enter() methods) please visit the following link: http://www.ninjatrader.com/support/h...d_approach.htm

Please let me know if I may be of further assistance.

[bretddog]

Thanks Patrick!

It's still unclear to me how to make a stop order working within the entry-bar.

For example:

EnterLong(1, Time[0].ToString());
ExitLongStop(Open[0] - 20, Time[0].ToString());

With this no stop is ever triggered. Am I correct to assume this methodology is not correct, because Open[0] refers to current bar, while EnterLong and ExitLongStop only is activated for the next bar, so Open[0] will not be entry price ?

Still, if it's like that, why is no stop triggered, even if using wrong Open price?

How would I correctly achieve a stop working on the entrybar?

[NinjaTrader_Matthew]

For strategies add TraceOrders = true to your Initialize() method and you can then view valuable output related to strategy submitted orders through Tools > Output window - TraceOrders

This should tell is if the order is being ignored for any reason.

For further debugging to determine why the stop is not triggered, where exactly are you calling the stop from? Is it in OnBarUpdate? It could be if you're backtesting that OnBarUpdate is triggered at the close of the bar and the open is not what you expect, however reference to this price really depends when then stop is being called...

If you were not aware, please also review our reference sample on Using OnOrderUpdate() and OnExecution() methods to submit protective orders

http://www.ninjatrader.com/support/forum/showthread.php?t=7499