Closing positions via unmanaged approach

[pman777]

Hi, I have a strategy that issues several limit orders. At a certain time of day I want to close out all outstanding orders and reverse any open positions. I know to close the orders via CancelOrder(). But how do I identify which positions are "active" so I can close them with a SubmitOrder() in the opposite direction? thanks!

[pman777]

Please disregard this post ... I understand you need to program the logic to achieve this.

[NinjaTrader_ChelseaB]

Hello pman777,

You would need to track orders being placed with variables or array if you want to call CancelOrder() on them.

An example you may find helpful that calls CancelOrder() is ProfitChaseStopTrailUnmanagedExample.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/platform-technical-support-aa/97419-priceos-cs-expecting?p=802269#post802269

To close an open position you can submit an order in the opposite direction of the position.
For example

if (Position.MarketPosition == MarketPosition.Long)
SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.Market, Position.Quantity);
if (Position.MarketPosition == MarketPosition.Short)
SubmitOrderUnmanaged(0, OrderAction.Buy, OrderType.Market, Position.Quantity);