Limit Orders immediately filled in Historical

[zark.be]

Hello

I'm working on a new strategy.

I'm sending a LIMIT order way above current market, somehow ninjatrader is filling it.

I've put TraceOrders, and i'm seeing this :

03/05/2013 14:00:00 Entered internal PlaceOrder() method at 03/05/2013 14:00:00: BarsInProgress=0 Action=Buy OrderType=Limit Quantity=0.1M LimitPrice=128.74 StopPrice=0 SignalName='Entry Long' FromEntrySignal=''
03/05/2013 14:00:00  - New order : Entry Long
03/05/2013 14:00:00  - U  PendingSubmit - Entry Long
03/05/2013 14:00:00  - U  Accepted - Entry Long
03/05/2013 14:00:00  - U  Working - Entry Long
03/05/2013 14:00:00  - U  Filled - Entry Long

(The New Order and U logs are from OnOrderUpdate())


On The image, the vertical bar is drawn when i send my order, and the diamond represents the limit entry price.
Order is sent as LiveUntilCancelled.

[NinjaTrader_Bertrand]

zark.be, I would expect this for a regular limit order - it would be marketable then, meaning executing immediately. You specify this price order better with this order type, so the current lower price > is the better price.

[zark.be]

What if i only want to be executed at that level ?

[NinjaTrader_Bertrand]

You would need to other another order type them for example a StopLimit order, where a stop order would activate your limit then.

http://www.ninjatrader.com/support/forum/showthread.php?t=3271

[zark.be]

Thank you,

I think my week-end wasn't long enough, got confused with limit and stop

works like a charm now

[NinjaTrader_Bertrand]

No worries, happens to the best! Have a good day.