LimitOrder to hold more then 1 bar

[freewind]

Hi All,

I want to submit a limit order and to hold it for 2-3 bars without resubmitting and losing my position on the book, how can it be done?


Thanks in advance!

[NinjaTrader_Cameron]

Hello freewind,

Thank you for your note.

You could use a LiveUntilCancelled Order. Please note that this is part of the Advanced Order Handling Concepts and the following Help Guide section should be read.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?advanced_order_handling.htm

The syntax for the EnterLongLimit with the liveUntilCancelled can be seen below:
EnterLongLimit(int barsInProgressIndex, bool liveUntilCancelled, int quantity, double limitPrice, string signalName)

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?enterlonglimit.htm

Note that you would need to then program a CancelOrder() method.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?cancelorder.htm

[koganam]

Hi All,

I want to submit a limit order and to hold it for 2-3 bars without resubmitting and losing my position on the book, how can it be done?


Thanks in advance!

Showing for Long entry only:

private int TriggerBar = 0;

if (ConditionsForLongEntry)
{
//setup stoploss and targets here first, then 
TriggerBar = CurrentBar; //record the entry bar
EnterLongLimit(int barsInProgressIndex, bool liveUntilCancelled, int quantity, double limitPrice, string signalName);
}

if (Position.MarketPosition == MarketPosition.Long && CurrentBar == TriggerBar + 3)
{
//Write code to Cancel the order here, then
TriggerBar = 0; //reset the trigger
}