Time limitation for not filled LimitBuy?

[Avisak]

Hello.
Is there some way to limit the order

MyOrder = EnterLongLimit(0, true, 1, SomePrice, "MyBuy1");

by time when it does not get Filled? Lets say give it 30 minutes on 5M chart to fill, otherwise cancel it.


I tried approach like this with no success.

if ( MyOrder != null && ToTime( MyOrder.Time)  > (ToTime(Time[0]) + 1000*30 ) ) 
{
CancelOrder(MyOrder);
}

Or is there any simple way to set up limit prices on which it will automatically cancel the unfilled EnterLongLimit()?

Lets say I EnterLongLimit() but the market goes short for hours and not get filled. So is there a way to set Limit for example

EnterLongLimit(0, true, 1, 10000 , "MyBuy1")

to cancel this order at 9970 (-30 ticks) if it did not get filled by then?

I didnt find anything useful
Thank you very much

[NinjaTrader_PatrickH]

Hello Avisak,

Thank you for your post.

Checking the time would be the recommended way to set a time limit for the order.

For the price, just compare against the price wanted and the current value. For example:

if(Close[0] <= 9970)
CancelOrder(MyOrder);

[Avisak]

Thanks for the prompt reply.

That sounds good. And is there a way to close the order immediately as the price match 9970? Not waiting for the current Bar to close? ( with still having OnBarUpdate = true; )

[NinjaTrader_PatrickH]

Hello Avisak,

Unfortunately, you would need CalculateOnBarClose = False for this. However, you could split logic between COBC = True and COBC = False. You can find an example detailing this at the following link: http://www.ninjatrader.com/support/f...ad.php?t=19387