Limit Orders

[Plaket]

I would like to know if there is any way to set up a time (for example a few seconds) in order the NT sends a market order when the price reached a limit order but this one has not been executed.

Thank you in advance.

[NinjaTrader_CalH]

Hello Plaket,

Thank you for your note.

What you can do is run a check if the Close[0] has touched the limit price and you are still in a flat position to cancel that limit order and submit a market order

if(Position.MarketPosition == Position.Flat && Close[0] >= limitPrice)
{
     CancelOrder(LimitOrder);
     EnterLong();
}

You would need to switch the >= to <= for short orders.

Let me know if I can be of further assistance.

[Plaket]

Thank you for the reply Cal,

The problem with that solution is that I have to wait the duration of the bar in order to check if the condition is true. If I'm working with high Time Frames it could be a problem.

Is there any way to set up a time (for example a few seconds) in order to send an order at market after the price has reached the level of the limit order?

Thank you in advance.

[NinjaTrader_CalH]

Plaket,

You set CalculateOnBarClose to false so that you are checking this condition on each incoming tick of data so that you have a more accurate time when the price touches the limit.