Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Scaling out of position

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

    Scaling out of position

    I would like to program the logic below using Strategy Builder:

    If Initial profit target is made, sell half the position.
    For rest of the position, enter an ( Order cancel Order ) order where
    first order for new profit at higher level
    second order is for new stop where stop is moved up to my breakeven level.
    Execution of one order should cancel another order.

    Example:
    Enter long at ES 1950 with 2 contracts with stop 1948
    Limit sell on 1 contract at 1952
    Enter two new order for remaining contract:
    Limit sell at 1954 or
    Stop sell at 1950

    Is this possible in Strategy builder?

    #2
    Hello myrx100,

    Thank you for your post.

    An order submission condition based on the fill of another order would require using OnExecution() and this would require unlocking the code. For information on OnExecution() please visit the following link: http://www.ninjatrader.com/support/h...nexecution.htm

    Comment


      #3
      Thanks for answer. I am not ready to program in C# yet, I only know Java.
      In the mean time, is it possible to invoke this method from Strategy builder wizard?

      Comment


        #4
        myrx100,

        The OnExecution() method is not available in the Strategy Wizard
        Cal H.NinjaTrader Customer Service

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by trilliantrader, 04-18-2024, 08:16 AM
        5 responses
        22 views
        0 likes
        Last Post trilliantrader  
        Started by Davidtowleii, Today, 12:15 AM
        0 responses
        3 views
        0 likes
        Last Post Davidtowleii  
        Started by guillembm, Yesterday, 11:25 AM
        2 responses
        9 views
        0 likes
        Last Post guillembm  
        Started by junkone, 04-21-2024, 07:17 AM
        9 responses
        70 views
        0 likes
        Last Post jeronymite  
        Started by mgco4you, Yesterday, 09:46 PM
        1 response
        14 views
        0 likes
        Last Post NinjaTrader_Manfred  
        Working...
        X