NexusFi: Find Your Edge


Home Menu

 





How can I store the first order limit price as a variable to use for calculating...


Discussion in NinjaTrader

Updated
    1. trending_up 3,816 views
    2. thumb_up 1 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
richw's Avatar
 richw 
Salt Lake City, UT
Legendary Market Wizard in Training
 
Experience: Advanced
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: CL, ES, NQ, YM
Posts: 1,917 since May 2010
Thanks Given: 2,318
Thanks Received: 1,621

the rest of the orders for averaging in while a strategy is in play?

For example, the first entry limit price is set for 10 ticks below (or above, depending on whether long or short) the indicator being monitored for the entry signal.

Then, I need to set additional orders based on that first order's original limit price.

However, the variable used to set the original limit price is tracking an indicator that changes. The rest of the orders have to be calculated from the initial limit price that should remain static until the strategy completes.

Any help would be greatly appreciated!


Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
UMA Votes Tonight: Polymarkets $80M Strategy Bitcoin Bat …
Prediction Markets & Event Contracts
CFTC Opens First COT Report Review in 20 Years -- Asks W …
Traders Hideout
Warsh Opens Today, Hormuz June 19 -- WTI Below $80, Fran …
Prediction Markets & Event Contracts
Would a node-based workflow for automated trading be useful?
Traders Hideout
Post-Summit Scorecard: $36M in May 15 Bets Settle Near-Z …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
8 thanks
Darmok and Jalad at Tanagra
1 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: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,577


Just use a double.

 
Code
                            
#vars


double myPrice;

#onbarupdate

myPrice = (Rising(EMA(20)[0]) ? EMA(20)[0] + (10 TickSize) : EMA(20)[0] - (10 TickSize)); 
Now that was written by hand and not tested, and I've not used NT in a long, long time now. But the idea is simply to store the price in a double. In this example I set the price 10 ticks above/below the EMA(20) based on whether or not the EMA(20) was rising or falling.

Mike




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 X Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on February 22, 2011


© 2026 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 - Downloads - Top
no new posts