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madhav_ab
05-21-2010, 05:01 PM
If I am using this method to set the stop loss order, do I have to cancel the stop loss order (entered by this method) after the strategy exits the LongOrder?

To Explain better here are my steps:
1. Enter a Long Order (Signal Based)
2. Enter - ExitLongStop (Stop loss)
3. Enter a sell order (Signal based, to exit order entered in 1)
4. Cancel ExitLongStop Is this necessary?

Please let me know.

Thanks,
Madhav

NinjaTrader_Ben
05-22-2010, 05:25 AM
Hello,

Yes, you will need to cancel it:
http://www.ninjatrader-support.com/HelpGuideV6/CancelOrder.html

Yo may want to use SetStopLoss which is automatically an OCO order:
http://www.ninjatrader-support.com/HelpGuideV6/SetStopLoss.html