Which order gets executed first?

[ervin]

Hello,
I'm developing a strategy that increases the number of contracts as the price moves in our favor (for instance, if we enter Long and the price rises, it adds positions).
- The distance at which these orders are placed is configurable.
- Targets and Stop Loss are also set for each executed entry, and they are configurable as well.
- Additionally, I have a condition that if the position is set to Flat, all subsequent additional orders placed to enter the market are canceled. So that when it reaches a specific target and is set to flat, it does not make any more entries.

The question is:
- Given that the next entry is configurable and the Take Profit is configurable, there is a possibility that they are placed at the same price (assuming this is valid for now).
- If there are 5 additional entries, and the first additional entry has the same price as the first original Take Profit, when it reaches the configured price, which order is executed first? Is it the Take Profit or the Additional Entry?

In this scenario, I don't want the positions to be closed because I want the additional entry to be executed first, so it doesn't go flat, then open the new position, and finally, the Take Profit is executed. All this when it reaches the same price. Is it possible to do this? How?

I conducted tests, and on one PC, it does one option, and on another PC, it does the other option. Hence the question.
Since we are in LONG, the Take Profit order is a Limit, and the additional order is a Stop.
I'll show the case in the attached image.

[NinjaTrader_ChelseaB]

Hello ervin,

If two orders are working at the same price, the order that was submitted first will most likely fill first.

"In this scenario, I don't want the positions to be closed because I want the additional entry to be executed first, so it doesn't go flat, then open the new position, and finally, the Take Profit is executed"

I'm not clear on why you would want to exit a position just to immediately enter the same position. Why not just keep the position open?

[ervin]

I'm not clear on why you would want to exit a position just to immediately enter the same position. Why not just keep the position open?

It's because of the parameters. I'm aware that if I set the Take Profit parameters further away and the entries closer, everything works fine. However, I'm specifically inquiring about this scenario because it's permissible for the parameters to be in that situation, and I want to know how to program it when this occurs.

[NinjaTrader_ChelseaB]

Hello ervin,

Submitting the new entry first, should cause it to fill first. I would recommend that you ensure the new entry is in a working state before submitting the exit.

[ervin]

Thank you Chelsea,
I'm submiting new entry first, and then the Target.

I would recommend that you ensure the new entry is in a working state before submitting the exit

How do you sugest me to do that? Because when the Long position is opened, I use OnOrderUpdate to put the aditional orders, and I use on execution update to put the Targets. So because I read that I think OnOrderUpdate executes first than onexecutionupdate, right?

[NinjaTrader_ChelseaB]

Hello ervin,

Detecting the order.OrderState to be OrderState.Working would be in OnOrderUpdate().

When an order fills, OnOrderUpdate() typically runs before OnExecutionUpdate() but this is not guaranteed.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/platform-technical-support-aa/1199112-ninja-trader-v8-0-26-rithmic-issues-fixed#post1206372

[ervin]

Thank you Chelsea, I'll check it out and let you know