NexusFi: Find Your Edge


Home Menu

 





Simple Limit Order with SL/TP/Cancel


Discussion in NinjaTrader

Updated
    1. trending_up 1,635 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
prosonic
Abrantes/Portugal
 
Posts: 2 since Feb 2013
Thanks Given: 0
Thanks Received: 0

Hi traders!

This is ridiculous but here it goes: I started learning how to program in c# very recently and I have even made some programming that more advanced programmers consider relatively complex. Now that I coded the trigger condition for setting a Limit Order of my strategy I can't really seem to understand how it is made.
I would need something like this:

if(Low[0] < tp[1,1])
{
// Enter Limit Order to buy @ tp[1,1] - (TickSize*200);
// Set its Stop Loss to ---> tp[1,1] - (TickSize*1000);
// Set Profit Target to ---> tp[1,1];
// Cancell Unfilled Order @ tp[1,1];
}

I guess this is not very complex but than I am still a noob. Can anyone help me out with the best way to do this?

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Brendt Skorupinsky
Trading Reviews and Vendors
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
What You Know vs How much you know about it
Traders Hideout
is there a better Trade Performance tool for NinjaTrader?
NinjaTrader
How to plot a custom icon for crossover
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
HumbleTraders next chapter
63 thanks
Tao te Trade: way of the WLD
45 thanks
ApexTraderFunding.com experience and review
26 thanks
What is Markets Chat (markets.chat) real-time trading ro …
21 thanks
1 Minute Man
19 thanks
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,621 since Jun 2009
Thanks Given: 33,356
Thanks Received: 101,989


What is tp[1,1]?

Mike



Join the free Markets Chat beta: Real-time Trading Insights

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
prosonic
Abrantes/Portugal
 
Posts: 2 since Feb 2013
Thanks Given: 0
Thanks Received: 0

tp[1,1] is the index of the Take Profit level on the "tp" array.

Reply With Quote




Last Updated on August 14, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Sitemap - Downloads - Top
no new posts