Cancelling open order(s).

[8DTK8]

Can anyone tell me how to cancel an open order in a strategy that I want to backtest?

I've just started using NT and the strategy wizard. I've scoured the documentation and the board and tried importing SampleHaltBasicStrategy from the Reference Samples section.

Is it something that has to be done with the unlocked code?

In the quick strategy that I wanted to try, I wanted the system to take a long if the there is a HH, HL condition between two bars with an entry 2 tics above the HL.

It has worked great so far, but I can't find a way to cancel the order if it doesn't fill within the next 2 bars, or cancel if there is a LL before it is filled.

Many thanks in advance,

DK

[NinjaTrader_JoshP]

Hi 8DTK8,

To manually cancel an order you will have to unlock the code, but in your case I don't think you need to. NinjaScript orders are always cancelled if they are not resubmitted on the next bar. This is automatic so if you don't want the order anymore just don't resubmit it.

Create a condition that will only evaluate to true on one bar. If it is not filled on that bar it will automatically cancel on the next bar. To do this you can do something like create a variable that has a value of 1. Only trade if that value is 1. One of the action will be to set that variable to 0 along with EnterLong(). After you do that it will not resubmit again therefore not keeping your order alive.

[8DTK8]

Follow up question on submitting orders in different time frames.

This is a follow up question.
I read Josh's "Strategy: Entering on one time frame and exiting on another " in reference samples and tinkered around with it a bit in strategy analyzer, but I still can't figure out the answer.

My question builds on Josh's response that I got below.

If I am submitting orders to go long in the 15 min and stop in the 1 min that gets placed as long as the account position is long, should I see orders being submitted for the stop every 1 min?

For example:
Strategy fills long at 10:00am in the 15 bar like it's supposed to.
Should I see stop orders every min. until a filled?
I'm looking at the "orders" tab right now and that's not what I'm seeing.

Thank you,

DK

Hi 8DTK8,

To manually cancel an order you will have to unlock the code, but in your case I don't think you need to. NinjaScript orders are always cancelled if they are not resubmitted on the next bar. This is automatic so if you don't want the order anymore just don't resubmit it.

Create a condition that will only evaluate to true on one bar. If it is not filled on that bar it will automatically cancel on the next bar. To do this you can do something like create a variable that has a value of 1. Only trade if that value is 1. One of the action will be to set that variable to 0 along with EnterLong(). After you do that it will not resubmit again therefore not keeping your order alive.

[NinjaTrader_JoshP]

You will only see one stop order because your submission conditions will only evaluate once. If you want this order to persist you can use liveUntilCancelled set to true, otherwise you will need to work out some way to resubmit your stop order on every bar to keep it alive.

[8DTK8]

Clarification

I get what you are saying and I am going to read up on advanced order handling. However, I'm trying to figure out whether or not the script is doing what it is supposed to do.

Back to my example.
If the long condition triggers in the 15 min (in array 1) at 10am and you can see it being filled in the order tab, shouldn't there be an order for the stop if the only condition for that order to exist is that the BarsInProgress == 1 min period type and the Position.MarketPosition == MarketPosition.Long?

So the condition are BarsInProgress == 1 min and a long position, and the strategy just went long at 10am, shouldn't I see the following orders?

Sell... Stop... Cancelled... 10:01am
Sell... Stop... Cancelled... 10:02am
Sell... Stop... Cancelled... 10:03am
Sell... Stop... Cancelled... 10:04am
Sell... Stop... Cancelled... 10:05am
Sell... Stop... Cancelled... 10:06am
Sell... Stop... Cancelled... 10:07am
...
..
.
until it is finally filled?

Thanks again.

You will only see one stop order because your submission conditions will only evaluate once. If you want this order to persist you can use liveUntilCancelled set to true, otherwise you will need to work out some way to resubmit your stop order on every bar to keep it alive.

[NinjaTrader_JoshP]

No. You submit your order from the 15min time frame. The order is submitted to the 1min. If at the next one min bar the order is not kept alive or already filled it is cancelled and that is it. End of the order. Are you not seeing this behavior?

This is why you should use liveUntilCancelled = true. You will not need to resubmit to have the order persist, but you will need to cancel it manually if you do not wish for it to continue any longer.