Buy order placed.. has been ignored..

[ij001]

Hi there,

I am getting an error message in the log for a buy stop order saying:

Buy order placed at (time) has been ignored since the stop price is less than or equal to the close price of the current bar. This is an invalid order and ... Please fix your strategy.

But the buy stop order is correct:

if (FirstTickOfBar
…

EnterLongStop(High[0],"Buy A");

Now, Close[0] does equal High[0]. So the next bar should buy it right away.
I'm not sure why it is ignoring it all together, that doesn't make sense.

I am in backtesting mode. Is this a bug?

Thx

[NinjaTrader_RyanM1]

If ij001,

If Close = High, then it's an invalid order.

The message you provided tells this:

has been ignored since the stop price is less than or equal to the close price of the current bar

[ij001]

If ij001,

If Close = High, then it's an invalid order.

The message you provided tells this:

I don't understand why it is classified as invalid. Since its closing at its high, it should just execute a market order because its equal. This is a scenario of strength.

Anyway, will a simple IF, ELSE statement be a work around?

IF Close[0] = High[0]
EnterLong("Buy A")
Else
EnterLongStop(High[0],"Buy A");

The buy stop order is very useful to me so I can't change it to EnterLong() because sometimes it wont reach the entry price.

[NinjaTrader_Bertrand]

Yes, that should be a good fix ij001 - the buy stop order has be placed higher, this is a fundamental requirement of this order type, even more so in realtime trading important, since then you trade against the bid / ask spread as well.