order is Canceled only in bar close

[levikNT]

Hello,

I am running a strategy with the following setup:
CalculateOnBarClose = false
manage approach order
liveUntilCancelled = false

By default, orders are kept alive provided that they are resubmitted
on each call of the OnBarUpdate() method. If the order is not re-submitted, the order is then cancelled.

The problem is if I have submitted an order (stop limit order) and the order state is pending
and I do not resubmit the order again in the next OnBarUpdate() the order is not cancelled immediately, it is cancelled only when bar closed.

Sincerely,Kobi

[NinjaTrader_Bertrand]

Thanks for the post Kobi.

So you mean for the case where the order not got into working yet but only PendingSubmit and then you see an OnBarUpdate() call?

[levikNT]

Hello Bertrand,

yes, the order is not in working state and even though I don't resubmit the order , the order is not cancelled only in bar close.

by the way in this case ,is the order should be cancelled even if the order is working?

Sincerely,Kobi

[NinjaTrader_Bertrand]

I would expect that for a single series strategy Kobi, the order expiration would be at bar close. The stop would usually only get to accpeted state, whereas then triggered the limit order would be working.

[levikNT]

Hello Bertrand,

Sorry, but I didn't understand your answer , could you please explain it.

I expect that if I don't keeping resubmit the order on each call to OBU , the order will expired and cancelled immediately and not on bar close.

This is according the help guide and I quote from the help guide
"By default, orders are kept alive provided that they are resubmitted
on each call of the OnBarUpdate() method. If the order is not re-submitted, the order is then cancelled."

from this I understand that NT is handling this and the order should be cancelled immediately (even before bar close) .

please explain it to me


Sincerely,kobi

[NinjaTrader_Bertrand]

Hi Kobi, no it would be the closed bar update that would count here in this case, the order will be held for the bar it was submitted for. If you add for example a one tick series in, you should see the cancel on the next tick as this would be the next OnBarUpdate() then calling for a closed bar.