Limit Error

[mballagan]

I tried using this line of code in my strategy:

LongOrder = EnterLongLimit(GetCurrentAsk(),"LongEntry")

but got an error saying:

'Rejected:Limit price cant be greater than current ask'. How do I fix this?

Testig on forex using the Gain capital feed.

Also how do I set lot sizes so for example 1 lot or 0.1 lot etc in my strategy? It mentions in the help files there is a difference between backtesting & real trading.

[NinjaTrader_Bertrand]

Welcome to our support forums mballagan, please use GetCurrentBid() as the limit price for your long order. In backtesting you would enter for example 100000 as quantity for a standard lot and 10000 for a mini one. In live trading, you would use 1 as quantity to trade one lot in your account (standard or mini whatever is set per broker defaults for this live account).

[mballagan]

limit order

Thanks for your reply.

However thought that if buying you would do this at the Ask price and therefore use GetCurrentAsk() rather than GetCurrentBid()?

[NinjaTrader_JoshP]

mballagan,

The problem is that you may have submitted at a certain ask, but the market moves fast and now the limit price you originally submitted at is no longer a valid price. I recommend you not to submit at such a close price because the possibility of such a fast move against you is always possible.