Cancelled expired order: Trail Stop

[Edward Kunafi]

Hello Support,

I add a LowerTimeFrame Bars into my strategy and encounter Cancelled expired order on the TrailStop, and Target too as it is an OCO pair. If I just comment out the Lower Time Frame Bars, the issue does not arise.

What can possibly cause the issue ? How can I troubleshoot this? Attached is the output file when it happens.

Thanks.

Best Regards,

Edward K.

[NinjaTrader_Joydeep]

Hello Edward K,
Orders submitted via the Set methods (like SetTraialStop etc) are valid for the primary bar only. If your strategy is a multi-series strategy then please try using the Exit() methods to exit the trades.

[Edward Kunafi]

Hello Joydeep,

I has not done anything to the orders, why it is cancelled by NT? I recall I did not experience this using some earlier NT7 release.

Are you saying I should not use SetTrailStop, instead issue my own ExitLongStop and trail it with my own code, ExitLongLimit for the target upon order fill update?

Thanks.

Best Regards.
Edward K.

[NinjaTrader_Matthew]

Hello,

When using the Set..() order methods, there is not an option to specify which bar it is submitted to.

By default, orders are re-submitted on each call of the OnBarUpdate() method. If the order is not re-submitted, the order is then cancelled. Since you cannot specify which bar the Set method is using, it will be cannceld on the call of OnBarUpdate()

If you would like to specify the barsInProgress the orders are running from, you will have to use the ExitLongLimit or ExitLongStop. Please see our Help Guide on Working with a Multi-Instrument Strategy:

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

[Edward Kunafi]

Hello,

When you say by default, you mean it is done by NT and transparent to the strategy that the TrailStop and Target are resubmitted (strategy does not do anything on it). So which Bar it is running from should not matter right. The behaviour is not consistent, if NT cancells unfilled orders at end of any next OnOrderUpdate, NT correct behaviour should be resubmit all unfilled orders independent of which bars, to ensure the behaviour is consistent! If not why does NT resubmit unfilled orders in the first place (when there is not other timeframe bars) ?

Thanks.

Best Regards,
Edward K.

[NinjaTrader_Joydeep]

Hello Edward K,
To assist you further can you please send a toy NinjaScript code* replicating the behavior to support[AT]ninjatrader[DOT]com

Please append Attn:Joydeep in the subject line of the email and give a reference of this thread in the body of the email.

I look forward to assisting you further.

*The "toy" just means something that is a stripped down version that isn't necessarily the whole logic. It makes things easier to rout out.

[Edward Kunafi]

Hello Joydeep,

I assembled a toy strategy late yesterday. Somehow the issue did not crop up on that strategy. I would check further and revert back,

Thanks.

Best regards,
Edward K.