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Possible to create limit order from exit signal?

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    Possible to create limit order from exit signal?

    I was wondering if it's possible set up a limit order based off of an exit signal? For example, if I wanted to create a limit order when the current bid price is 20 ticks below the exit signal of my last order.

    #2
    Hello gdoering,

    Yes, this would be possible.

    When the exit order fills, save the execution price (or the orders AverageFillPrice) to a double variable. Then supply this double variable as the limit price for the new order.

    You can get the execution price from OnExecution() or get the order's AverageFillPrice from OnOrderUpdate().

    Chelsea B.NinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_ChelseaB View Post
      Hello gdoering,

      Yes, this would be possible.

      When the exit order fills, save the execution price (or the orders AverageFillPrice) to a double variable. Then supply this double variable as the limit price for the new order.

      You can get the execution price from OnExecution() or get the order's AverageFillPrice from OnOrderUpdate().
      Great, I will give it a shot. Thanks for your help!

      Comment

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