Help with Order Management

[gmeirelles]

Hi,

I`m developing a scalper strategy and I`m having a situation, could you please help me?

I have a logic to plan my position, but I would like to place my exit order before the entry, using a Limit Order, in order to get a better place in the execution queue.

Example:
- "Exit" Limit short order on 2880,00.
- Entry long market on 2879,00.

I`ve tried to enter that using the "EnterShortLimit" method, but as soon my Long Order is executed, the Short Limit order is canceled with the message: "Cancelled pending entry order on opposite side of the market"

Also have tried to enter using the "ExitShortLimit"method but I`m getting the message: ''This was an exit order but no position exists to exit'

Is there a way to handle with that scenario?

Thank you in advance.

Best regards,

Guilherme

[NinjaTrader_ChrisL]

Hi Guilherme, thanks for your question.

In the Managed approach you can not have entry orders on opposite sides of the market. You would need to use the Unmanaged approach to submit those two orders. Please see the order handling rules for the managed approach for more info:

https://ninjatrader.com/support/help...d_approach.htm

Please let me know if I can assist any further.

[gmeirelles]

Hi Guilherme, thanks for your question.

In the Managed approach you can not have entry orders on opposite sides of the market. You would need to use the Unmanaged approach to submit those two orders. Please see the order handling rules for the unmanaged approach for more info:

https://ninjatrader.com/support/helpGuides/nt8/?managed_approach.htm

Please let me know if I can assist any further.

Hi, Chris.

It worked exactly as needed.

Thank you.