NT8 Advanced Order Management

[radhmu978]

Dear support team,

I have a Long position and also a Limt order to book my profit. But when i get a trend reversal signal from my indicator, I want to exit my long position. So, I'm calling ExitLong, but it is not working. Am i not allowed to Exit the Long position when i have a pending limit order? Do I need to cancel the existing limit order before I call the ExitLong? Could you please clarify?

//creating entry order based on Buy signal from indicator
EnterLong(quantity, "STScalpLongEntry");

//set limit order with profit target
ExitLongLimit(1, true, quantity, currentPtPrice, "Long profit target", "STScalpLongEntry");

//exit the Long position based on the trend reversal signal
if(Position.MarketPosition == MarketPosition.Long && entryOrder != null)
{
if (entryOrder.Name == "STScalpLongEntry")
ExitLong(quantity,"ExitScalperLongST","STScalpLong Entry");//Exit ST scalper position
}

Thankyou,
Murali

[NinjaTrader_Jesse]

Hello radhmu978,

If you have existing targets working you can't call ExitLong, it will be ignored by the managed approach. You would have to cancel the limit orders by either expiring them or specifically calling CancelOrder on the limit order object, wait for confirmation and then submit the exit.

https://ninjatrader.com/support/helpGuides/nt8/managed_cancelorder.htm?zoom_highlightsub=Cancel

A limit order will expire after 1 OnBarUpdate call if you don't call ExitLongLimit again however you are using live until cancelled so you will need to call CancelOrder on the limit order object to stop it.

https://ninjatrader.com/support/helpGuides/nt8/using_cancelorder_method_to_ca.htm

[radhmu978]

A limit order will expire after 1 OnBarUpdate call if you don't call ExitLongLimit again however you are using live until cancelled so you will need to call CancelOrder on the limit order object to stop it.
https://ninjatrader.com/support/help...thod_to_ca.htm

I have an issue here, I'm setting my ExitLongLimit as live until cancelled. But after the 1 OnBarUpdate call , I'm not able to reenter the loop and trail my stop loss. My oder state is in accepted state. please check the screenshot attached.

if (TrailStopLoss &&
stopLoss != null && (stopLoss.OrderState == OrderState.Accepted || stopLoss.OrderState == OrderState.Working)
{
currentSlPrice = Close[0] - StopLossDistance * tickSizeSecondary;
ExitLongStopMarket(1, true, entryOrder.Quantity, currentSlPrice, "stop loss", entryOrder.Name);
}

[NinjaTrader_Jesse]

Hello radhmu978,

From just the code I wouldn't be able to tell what's happening, have you tried to use Prints to make sure the method is being called?