SetProfitTarget

[Pourleau]

Hi,

I have been using:

EnterLongLimit()
with
SetStopLoss()
and
SetProfitTarget()

and these have been working fine. However I recently had an in-flight issue after a partial fill, whereby my original trade position was not confirmed back as fully filled and my stop and target orders ended up being rejected as they took my net worst-case position over my account limit.
To prevent another in-flight issue I would like to delay the SetProfitTarget() half of the order by a few ticks or, say by a 1min bar update, in order that the original trade will always be confirmed back before both stops and target orders get sent in.
However, when I delay the SetProfitTarget() by a bar it does not get sent, and I only get a stop with my position, no target limit order.
Is there a way to delay this SetProfitTarget() so that it is still tied to my trade? thanks

[koganam]

Originally Posted by Pourleau

Hi,

I have been using:

EnterLongLimit()
with
SetStopLoss()
and
SetProfitTarget()

and these have been working fine. However I recently had an in-flight issue after a partial fill, whereby my original trade position was not confirmed back as fully filled and my stop and target orders ended up being rejected as they took my net worst-case position over my account limit.
To prevent another in-flight issue I would like to delay the SetProfitTarget() half of the order by a few ticks or, say by a 1min bar update, in order that the original trade will always be confirmed back before both stops and target orders get sent in.
However, when I delay the SetProfitTarget() by a bar it does not get sent, and I only get a stop with my position, no target limit order.
Is there a way to delay this SetProfitTarget() so that it is still tied to my trade? thanks

I believe the Set methods must be in place before the trade is entered. To do what you want, you are going to have to use ExitLongLimit() to set your profit target. You probably want to use OnExecution() or OnPositionUpdate() to determine the exact quantity you need for your ExitLong.

NT has a reference sample, ref: http://www.ninjatrader.com/support/f...ead.php?t=7499