Partially Filled SetProfitTarget

[mrlogik]

Hi,

My question refers to the SetProfitTarget() function.

Upon a complete fill of a Stop entry order I call the SetProfitTarget function as:

SetProfitTarget(CalculationMode.Ticks, NumPipsTarget);
I believe this is a limit order, which means partial fills will not be completely automatically handled by NT.

Now, after a partial fill of a target I get a PendingChange Order automatically by NT (I'm assuming b/c I have the SetProfitTarget in my initialize function with a static number of pips); this order gets rejected b/c "Can't replace below filled quantity). At this point the remaining lots of my position do not get exited until the price reaches the target price that moves to fulfills my # of target profit pips.

This is how I think I should solve this issue.
I'm assuming I should remove the SetTargetProfit() function from the Initialize() function so a new target doesn't get submitted; I call the SetTargetProfit() function after my entry order gets filled anyway.

Additionally, I have added code to the OnExecution() function checking for the execution.Order.Name == "Profit target" which exits any remaining position i have in the event of an OderState.PartFilled.

Thanks for your help / thoughts.

Anthony

[NinjaTrader_Dierk]

Not sure I follow. Partial fills should be not a problem, since the target (limit) will be amended accordingly.

[mrlogik]

Hey Dierk,

I'm not sure exactly what is going on. Maybe something I don't understand about NTs internal order handle rules?

I have attached the section of the log which details this particular order.

Thanks

Anthony

[NinjaTrader_Dierk]

You need to debug your strategy using e.g. TraceOrders in order to understand why it amends the qty of the profit target below the amount which already is filled.

[mrlogik]

got ya.

The TraceOrders is basically a breakdown of whats being submitted to NT by my strategy right? Like the file I just uploaded?

[NinjaTrader_Dierk]

That is correct.

[mrlogik]

Dierk,

since the target (limit) will be amended accordingly

How does NT amend this target on a partial fill?

Thanks

[NinjaTrader_Dierk]

... based on current strategy position avgprice

[mrlogik]

What I mean is,

The only time I call the SetProfitTarget function is once in the Initialize function, and once after I get an entrance "filled" which is done by the OnExecution() overloaded function checking my IExecution object. After this, I don't amend the SetProfitTarget anywhere in my code.

When you say NT amends the target when a partial fill occurs, does it do so because i set a static SetProfitTarget() in the Initialize Function? I don't believe my code tried to change the target order I'm refering to with my question.

Is it possible NTs ammended order could get rejected?

Thanks,
Anthony

[NinjaTrader_Dierk]

I see. Please send me again traces and logs. Thanks

[mrlogik]

I sent you an email with these files. My account number and such is within the files so I didn't want to post them.

Thanks