I went through the 4 sample strategies coming with the NT8 installation package. All are using market order to get in a position when signal flags.
However, in my case, when a signal come, I place the order according to a predefined risk to control the loss. If the order cannot be filled within 3 bars from the triggering bar, the order is cancelled. On the other hand, when the order is filled, a stop loss and profit target order is in place automatically with the fill of either one to cancel the other.
I am looking for a flexible framework which already handles this such that I can focus on the market condition analyzer, trade condition analyzer and trade setup. I am looking for something which is similar to the attached package. (This package is with a purchase of an ebook on NT8. The author allows it to be shared under GPL license which is specified in the package). I need to look into several similar examples before making decision which way to go.
Thank you very much for your support.
Best Regards
David WANG
LaunchpadTradeSetupIndicatorFramework.zip
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