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Order Management Question


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Order Management Question

  #1 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
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How do I associate the entry with the exit without using SetStopLoss or SetProfitTarget AND allow simultaneous trades that are managed separately inside a strategy.

Example:
1. Enter 1 contract based on some criteria without a stop or target.
2. Enter another contract at a later time without a stop or target.
3. Now I have 2 positions open at different entry prices neither of which have a stop or target defined.
4. Exit criteria is encountered for the entry described in paragraph 2. I want to exit that position leaving the paragraph 1 position in play.

So, in other words, I want to manage each trade independently.

I think what I'll need to do is store order information in an array...Can't believe NT doesn't have this ability and maybe it does and I just don't know how to do it.

I can't figure out how to do that...

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  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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I know this isn't directly answering your question, but have you seen:



Mike



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Last Updated on February 16, 2012


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