Limit orders

[Baruch]

Hi,
I have a strategy with limit orders. The strategy triggered a buy limit. The log shows 5 rows.
1. PendingSubmit
2. Accepted
3. Working
4. PendingCancel
5. Canceled
The price went down below the limit buy.
Can you explain what happened.

Baruch

[NinjaTrader_JoshP]

Baruch,

You will need to use TraceOrders = true to understand why it went into a pending cancel state.

[Baruch]

Hi Josh,
Well I put the trace orders and I have 2 rows:
1. 09:55:59 Entered interanal ..... OrderType=Limit
2. 09:55:59 Cancelled expired order...

I can't say that I'm much smarter now.
What's wrong???

Baruch

[NinjaTrader_JoshP]

Sure you are much smarter. Now we know the reason. The order was expired. Have you kept it alive by resubmitting?

[Baruch]

I run my strategy on a 5 minute chart. I wrote the times of the order and the cancellation.
Does it make sense?
Yes I issue the order on several bars if it doesn't catch, but this is not the issue hear.

Baruch

[NinjaTrader_JoshP]

Provide complete message please.

[Baruch]

You know it would be much easier if I could copy from output window.
01/09/2009 09:59:59 Cancelled expired order: BarsInProgress=1: Order='......./Sim101'Name='....' State=PendingSubmit instrument='ES 09-09' Action=SellShort Limit price=1017.5 Stop price=0 Quantity=1 Strategy='...' Type Limit Tif=Gtc Oco=" Filled=0 Fill price=0 Token='...' Gtd='01/12/2099 00:00:00'

I hope you won't ask me to write the tokens and stuf. It will be really cruel.

Baruch

[NinjaTrader_JoshP]

You can copy from the Output Window. Just select the text and press Ctrl+C.

Looks like you are using a multi-bars series strategy with that BarsInProgress = 1. You need to resubmit the order on every single BIP context. Alternatively, just turn liveUntilCancelled = true.