How to cancel order?

[Valyo]

I need to cancel an entry order.

Is it enough to send a cancel request or I need to check OrderState and to send cancel request / close order, depending on order state?

I read in NinjaTrader help that "CancelOrder() does not guarantee that an order is completely cancelled." What additional steps should I take to make sure that the order is completely cancelled / closed?

Thanks,

Valentin

[NinjaTrader_PaulH]

Hello Valentin,

Thanks for your post.

You can test .OrderState == OrderState.PendingCancel as well as or just .OrderState == OrderState.Cancelled in OnOrderUpdate() http://www.ninjatrader.com/support/h...rderupdate.htm

[Valyo]

Thank you Paul,

Currently I test Position.MarketPosition == MarketPosition.Flat in OnBarUpdate() to know whether previous position is closed.

I suppose that when order is cancelled, market position will be flat, so I can use it as a condition for the new entry. Is it correct?

What will be market position while .OrderState == OrderState.PendingCancel?

Is it OK to use Position.MarketPosition == MarketPosition.Flat as a condition for the new entry, in case that some orders will be closed and other orders will be cancelled?

Valentin

[NinjaTrader_PaulH]

Hello Valyo,

Thanks for your reply.

Yes, using checking Market.Position is a good practice when you wish to enter from a flat position.

If the order has not been cancelled then you would not be flat.

[Valyo]

Great. So everything is OK. Thank you.