How to cancel limit orders that don't fill

[crimsonite]

I did the "Enter Long Limit @ Ask" / "Exit Long Limit @ Bid" in the strategy wizard...

is there something to add to cancel limit orders that don't fill? Maybe cancel them in x second after the order?

[NinjaTrader_Joydeep]

Hello crimsonite,
Thanks for writing in and I am happy to assist you.

Unfortunately you cannot cancel an order via the Strategy Wizard.

To cancel an order you have to unlock the code and edit the code via the NinjaScript editor.

To cancel any order you can use the CancelOrder function http://www.ninjatrader.com/support/h...ancelorder.htm

Please let me know if I can assist you any further.

[crimsonite]

Unlocking the code is fine. Thanks for the pointer -

is it possible to enter a piece of code that will allow the order to cancel or fill immediately?

[NinjaTrader_Joydeep]

Hello crimsonite,
Yes, you can custom code to cancel the order as per your requirement. For example in the help file sample code the limit order is cancelled if it is not filled within the next 5 bars.

private IOrder myEntryOrder = null;
private int barNumberOfOrder = 0;
 
protected override void OnBarUpdate()
{
    // Submit an entry order at the low of a bar
    if (myEntryOrder == null)
    {
         myEntryOrder = EnterLongLimit(0, true, 1, Low[0], "Long Entry");
         barNumberOfOrder = CurrentBar;
    }
 
    // If more than 5 bars has elapsed, cancel the entry order
    if (CurrentBar > barNumberOfOrder + 5)
         CancelOrder(myEntryOrder);
}

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?cancelorder.htm

Please let me know if I can assist you any further.