Backtest possible error on Limit entries

[dazkona]

Hello!

I'm developing a strategy but when I've test it with Strategy Analyzer I get what you can see at image attached. Why the limit order enters if the price doesn't touch nor passes over my limit price?

My code looks like this:

protected override void OnBarUpdate()
{
 // ....
  this.m_activeOrder = EnterLongLimit(0, false, 1, High[0] + 0.5, "miorden"+CurrentBar);
  SetStopLoss("miorden"+CurrentBar, CalculationMode.Price, Low[0] - 0.5, false);
  SetProfitTarget("miorden"+CurrentBar, CalculationMode.Ticks, 20);
 // ...
}

Thank you for your time!

[NinjaTrader_PaulH]

Hello dazkona,

Thanks for your post and welcome to the forums!

To enter a long limit order you must enter it below the current price else it will fill immediately and this is the behavior you have observed.

Here is a link to investopedia on buy limit orders: http://www.investopedia.com/terms/b/buy-limit-order.asp

To place a buy limit order above current price, use EnterLongStopLimit. http://www.ninjatrader.com/support/h...gstoplimit.htm

Here is a link to investopedia on Buy stop limit orders: http://www.investopedia.com/terms/s/stop-limitorder.asp

Please let me know if you have further questions.

[dazkona]

Oh, thanks. :-)