Strategy Stops Trading

[SystemTrading]

I am using the following code to execute orders. The strategy enters a position, then stops trading.

[FONT=Courier New][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (cvalue>avg+increment[/SIZE][/FONT][FONT=Courier New][SIZE=2])
{ 
Print([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Short"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (mp1 > -[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
{ 
Entry=EnterShortLimit([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]true[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],Contracts,Close[/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Entry"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
}
}
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]else[/COLOR][/SIZE][/FONT][FONT=Courier New][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (cvalue<avg-increment[/SIZE][/FONT][FONT=Courier New][SIZE=2])
{
Print([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Long"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (mp1<[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
{ 
Entry=EnterLongLimit([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]true[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],Contracts,Close[/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Entry"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
}
}
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]else
[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]{
Print([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Cancel"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (Entry!= [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]null[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
CancelOrder(Entry);
}
[/SIZE][/FONT]

[NinjaTrader_Ray]

When do you need to cancel the order? On the next bar?

[NinjaTrader_Ray]

Actually disregard, I do not see an exit condition thus your strategy never exits?

[SystemTrading]

I need to cancel the order as soon as the conditions are not met. This works properly up until the time when I enter a position. After that, no more orders are sent.

[SystemTrading]

Actually disregard, I do not see an exit condition thus your strategy never exits?

I want the strategy to reverse, not exit.

[NinjaTrader_Ray]

Please add "TraceOrders = true" in your Initialize() method. Then run strategy with Output window open.

Do you see anything like "Ignored to to matching terminal exit order" or something like that?

[SystemTrading]

This is the message it gives me when trying to reverse.

8/21/2008 11:22:22 AM Entered internal PlaceOrder() method at 8/21/2008 11:22:22 AM: Action=SellShort OrderType=Limit Quantity=1 LimitPrice=1.8757 StopPrice=0 SignalName='Entry'FromEntrySignal=''
8/21/2008 11:22:22 AM Ignored PlaceOrder() method at 8/21/2008 11:22:22 AM: Action=SellShort OrderType=Limit Quantity=1 LimitPrice=1.8757 StopPrice=0 SignalName='Entry'FromEntrySignal='' Reason='Exceeded entry signals limit based on EntryHandling and EntriesPerDirection properties'

[NinjaTrader_Ray]

That is fine.

I am looking for entry signal ignore because of terminal matching exit order. This would occur if you have an open entry working but then you have cancelled it.

[SystemTrading]

I'm not sure I understand.

[NinjaTrader_Ray]

Try using different signal names.

"EntryLong"
"EntryShort"

right now you use the same one for both.

[SystemTrading]

I still get the same message ignoring the order. Below is the new code.

[COLOR=#0000ff]if[/COLOR][FONT=Courier New][SIZE=2] (cvalue>avg+increment[/SIZE][/FONT][FONT=Courier New][SIZE=2])
{ 
Print([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Short"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (mp1 > -[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
{ 
ShortEntry=EnterShortLimit([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]true[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],Contracts,Close[/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"SEntry"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
}
}
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]else[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (cvalue<avg-increment[/SIZE][/FONT][FONT=Courier New][SIZE=2])
{
Print([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Long"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (mp1<[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
{ 
LongEntry=EnterLongLimit([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]true[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2],Contracts,Close[/SIZE][/FONT][FONT=Courier New][SIZE=2],[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"LEntry"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
}
}
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]else
[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]{
Print([/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800000]"Cancel"[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]);
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2] (LongEntry!= [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]null[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
CancelOrder(LongEntry);[/SIZE][/FONT]
[FONT=Courier New][SIZE=2][COLOR=#0000ff]if[/COLOR][FONT=Courier New][SIZE=2] (ShortEntry!= [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#0000ff]null[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2])
CancelOrder(ShortEntry);[/SIZE][/FONT]
}
[/SIZE][/FONT]

[NinjaTrader_JoshP]

SystemTrading,

Please provide the full output logs. What we want to look for are the log entries corresponding with the order ignoral for your reversal position.