Cancel limit orders with assessment OnEachTick

[linkcou]

Dear community and NT team,

I am building a strategy that uses an indicator that is updated OnEachTick.

The logic is simple to enter:
if condition 1 then limit long
if condition 2 then limit short
else then cancel limit long and short

However, i am unable to cancel the orders the limit orders. Once one of the limit orders is created i can't cancel in the same bar if the indicator say to not enter..

I am trying with CancelOrder but i might be missing something... Can someone help?

For reference, adding the piece of the code that i am working currently:

if (Position.MarketPosition == MarketPosition.Flat)
{
if (Close[0] >= HHH1 - 5
&& ProjectedVolume < SMA(Volume, 10)[0]
)
{
entryOrder = EnterShortLimit(2, HHH1 + EntryFactorS, @"MMDS1");
//EnterShortLimit(2, HHH1 + EntryFactorS, "MMDS1");
}

else if (Close[0] <= LLL1 + 5
&& ProjectedVolume < SMA(Volume, 10)[0]
)
{
entryOrder = EnterLongLimit(2, LLL1 - EntryFactorL, @"MMDL1");
//EnterLongLimit(2, LLL1 - EntryFactorL, "MMDL1");
Print("enter order");
}
else
{
CancelOrder(entryOrder);
Print("need to cancel working orders");
}

}

[NinjaTrader_BrandonH]

Hello linkcou,

Thanks for your post.

You could assign entryOrder to the Order object in OnOrderUpdate() to ensure the assignment occurs when expected. This is more reliable than assigning Order objects in OnBarUpdate(), as the assignment is not guaranteed to be complete if it is referenced immediately after submitting.

Here is a reference sample from the help guide demonstrating the use of CancelOrder(): SampleCancelOrder: https://ninjatrader.com/support/help...thod_to_ca.htm

See this help guide page for more information about CancelOrder() and sample code: https://ninjatrader.com/support/help...ancelorder.htm

[linkcou]

Thank you, Brandon.
I added the OnOrderUpdate in the code. I will try to run it later when the market opens again to see if it works correctly.
I will let you know if it doesnt work.
Thanks for the quick answer!
Best,

[linkcou]

Hi Brandon,

I added the piece of code for the OnOrderUpdate (see attached). However, I see that the order is not cancelled when the conditions are false... any idea what i am doing wrong?

Thanks!

[linkcou]

Hi Brandon, never mind! i just found the answer.
Thanks for your help on this one.