Order Error

[pman777]

I have a strategy that, depending upon price action, will enter either an EnterLong or EnterShort market order. I'm running the strategy on a 8 Renko bar chart. On occasion, the strategy is terminated with the following error: "Buy stop or buy stop limit orders can't be placed below the market. affected Order: BuyToCover 1 StopMarket". Not sure why this is the case. Any insight? Also, is there a way to intercept the error to avoid the strategy from being terminated? Thanks!

[NinjaTrader_ChelseaB]

Hello pman777,

'BuyToCover 1 StopMarket'

The error mentions an exit buy stop market order not a buy market order or a sell market order.

The issue is at the moment the buy stop market exit is submitted its below the current ask price.

This could be a stop loss with too few ticks distance in a fast moving market or could be an incorrectly calculated price.

Are there any methods called that can place a stop market order such as SetStopLoss() or ExitLongStopMarket()?

[pman777]

thanks for the reply Chelsea ... I have "SetStopLoss(CalculationMode.Ticks, 20) in State.Configure section

[NinjaTrader_ChelseaB]

Hello pman777,

20 ticks is pretty far for an order to end up on the wrong side of the market.

Is the only call to SetStopLoss?
Was there a gap in data on the chart when this occurred?
Are you allowing your computer to sleep or hibernate and getting this message when it wakes?

If none of these are the issue, I'd like to have you send an email to platformsupport [at] ninjatrader [dot] with a link to this forum post so that I may review your log and trace files.

[pman777]

thanks Chelsea ... away from my PC right now ... will check on the points you raise later today