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Prevent trading into support or resistance
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Hello rafe0304, and thank you for your question.
To prevent the managing order from SetProfitTarget from being submitted if its profit target would cross a price point, you could use code such as the following :
Code:[FONT=Courier New] int profitTargetTicks = 5; // example double myResistanceLine = SMA(14); // example // this example assumes we enter on the long side of the market if(Close[0] + profitTargetTicks * TickSize > myResistanceLine) { return; }[/FONT]
Jessica P.NinjaTrader Customer Service
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Hello rafe0304,
Since CrossAbove and CrossBelow both have an overload in this form :
CrossAbove(IDataSeries series1, double value, int lookBackPeriod)
Provided you pass the price point that the profit target would be at as the value parameter, you can certainly use CrossAbove and CrossBelow to compare your price point to a data series. You will want to use your resistance line as the data series in this example.Jessica P.NinjaTrader Customer Service
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