I did not find it, but it would be very useful to set a StopLoss exactly from the entry price of a position.
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Entry price in StrategyBuilder
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Entry price in StrategyBuilder
Is it possible to get exact entry price in StrategyBuilder?
I did not find it, but it would be very useful to set a StopLoss exactly from the entry price of a position.Tags: None
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Hello,
Thanks for your post.
The entry price can be found in the condition builder strategy folder and is called "average position price". Please note that this would not be available until the position is updated, so you can check for the position by using the strategy folders "Current market position".
When you enter an order, it has to be transmitted to the exchange, received, processed and acknowledged before the MarketPosition is updated from Flat to Long or Short and this is why you need to check that the market position is long or short before checking the average position price as otherwise if average position price is checked wthout checking that you are long or short, the price may return as zero.
Reference: http://ninjatrader.com/support/helpG...rticalline.htm (please see: How to create market position comparisons)
Please note that you would not be able to use this in the SetStopLoss() method in the strategy builder as the Set methods are created at the start of the strategy and cannot be dynamically updated during the run time.Paul H.NinjaTrader Customer Service
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