exitlonglimit shows as "BuyToCover"

[sergeysamsonov]

Hello

I place market order to buy and then exitlonglimit, however, instead of exitlonglimit the "buy to cover" is placed (and does not get executed), check this:

2/17/2011 8:13:00 PM Entered internal PlaceOrder() method at 2/17/2011 8:13:00 PM: BarsInProgress=0 Action=Buy OrderType=Market Quantity=0.1M LimitPrice=0 StopPrice=0 SignalName='long_5279' FromEntrySignal=''
2/17/2011 8:13:00 PM Entered internal PlaceOrder() method at 2/17/2011 8:13:00 PM: BarsInProgress=0 Action=BuyToCover OrderType=Limit Quantity=0.02M LimitPrice=1.3583 StopPrice=0 SignalName='target3 long_5279' FromEntrySignal='long_5279'

and this is the command:

if (Position.MarketPosition == MarketPosition.Long)
{
order[1] = ExitLongLimit(0,true,enter_quantity/5, enter_price+bar_sequence[3]*tick_size, "target3 " + enter_name, enter_name);
}

Am I doing something wrong? I am running the .2 version, just downloaded on windows xp sp3.

Sergey.

[NinjaTrader_Brett]

Hello,

Is this Simulation or is this Live account?

If live what data feed connection technology?

I look forward to assisting you further.

[sergeysamsonov]

I use kinetick data feed (subscribed) on a range bar data. Global simulation mode is on. No secondary broker connection at this time, I just run tests.

[NinjaTrader_JoshP]

sergeysamsonov,

Looks to me as if this is the 3rd target so you are trying to scale out a position? To scale-out you must scale-in first and then tag the fromEntrySignal of each part appropriately for your various target orders.

So to scale-out in 3 steps, requires you to scale-in with 3 separate entry orders so you can tie each exit nicely to each entry. If you do not want to scale-in before scaling out you would then need to use Unmanaged orders to achieve this.