Error executing 2 orders, 1 BuyStop 1 SellStop at the same time.

[kliberthtrading20231107]

Error executing 2 orders, 1 BuyStop 1 SellStop at the same time.

Hello, good morning, Thank you for reading me in advance.

I have a problem and I'm wondering if you can help me please.

I want to put in my script

1 "BuyStop" above the current price.

1 a "SellStop" below the current price.

But only execute the first one in the line.

Example:

if ((Close[0] > MINIMUM)
&& (TRADING_CONTROL == true)
&& (Close[0] < MAXIMUM))
{
EnterLongStopMarket(3, ASK + (30 * TickSize),, @"LONG"); //BUYSTOP
EnterShortStopMarket(3, BID - (30 * TickSize), @"SHORT"); //SELLSTOP
}

If I reverse the lines, it still only executes 1 order.

Example:

if ((Close[0] > MINIMUM)
&& (TRADING_CONTROL == true)
&& (Close[0] < MAXIMUM))
{
EnterShortStopMarket(3, BID - (30 * TickSize), @"SHORT"); //SELLSTOP
EnterLongStopMarket(3, ASK + (30 * TickSize),, @"LONG"); //BUYSTOP
}

My automatic strategy is based on entering a trade by breaking the price range or distribution.

The code would be more or less like this:

-------------------------------------------------------------------------------------------------------------------------------------

else if (State == State.Configure)
{
TRADING_CONTROL = true;
}

if ((Close[0] > MINIMUM)
&& (TRADING_CONTROL == true)
&& (Close[0] < MAXIMUM))
{
EnterLongStopMarket(3, ASK + (30 * TickSize),, @"LONG"); //BUYSTOP
EnterShortStopMarket(3, BID - (30 * TickSize), @"SHORT"); // SELLSTOP
}

if (Position.MarketPosition == MarketPosition.Short)
TRADING_CONTROL = false;

if (Position.MarketPosition == MarketPosition.Long)
TRADING_CONTROL = false;
…
if (Position.MarketPosition == MarketPosition.Long)
{
ExitLongStopMarket(3, BID - (100 * TickSize), "SL ", "");
ExitLongLimit(3, ASK + (200 * TickSize)), "TP", "");
}
if (Position.MarketPosition == MarketPosition.Short)
{
ExitShortStopMarket(3, ASK + (100 * TickSize), @"SL ", "");
ExitShortLimit(3, BID - (200 * TickSize)), "TP", "");
}

[NinjaTrader_ChelseaB]

Hello kliberthtrading20231107,

Welcome to the NinjaTrader forums!

This violates the managed approach internal order handing rules.

"Methods that generate orders to enter a position will be ignored if:
The strategy position is flat and an order submitted by an enter method (EnterLongLimit() for example) is active and the order is used to open a position in the opposite direction"
https://ninjatrader.com/support/help...antedPositions

If you enable TraceOrders, you will see an ignored order message appearing in the NinjaScript Output window.
https://ninjatrader.com/support/foru...121#post791121

You will need to use the unmanaged approach.

https://ninjatrader.com/support/helpGuides/nt8/index.html?unmanaged_approach.htm#GettingStartedWithUnmanagedOrderMethods

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

Below is a link to an example.
https://ninjatrader.com/support/foru...579#post770579

[kliberthtrading20231107]

Hi ChelseaB,

Thanks for reading me.

I have already successfully tested the solution of the links and the code that you prepared.

But I have a detail that I don't understand.

When I use the "SubmitOrderUnmanaged()" method in the "number of contracts" parameter (image attached) I have other results, apparently it is multiplied by 2, and it is something I do not understand.

In the attached images you can see what was mentioned.

code example:

protected override void OnExecutionUpdate(
    Cbi.Execution execution,    
    string executionId,                  
    double price,                          
    int quantity,                        
    Cbi.MarketPosition marketPosition,        
    string orderId,                  
    DateTime time)                
{

    if (longStopEntry != null && execution.Order == longStopEntry)
    {        

        ocoString = string.Format("unmanageexitdoco{0}", DateTime.Now.ToString("hhmmssffff"));

        // TP
        SubmitOrderUnmanaged(
        0,    //selectedBarsInProgress,
        OrderAction.Sell,    //orderAction,
        OrderType.Limit,    //orderType,
        6,    //quantity,
        GetCurrentAsk(0) + (target_ticks* TickSize),    //limitPrice,
        0,    //stopPrice,
        ocoString,    //oco,
        "longProfitTarget");    // =signalName

        // SL
        SubmitOrderUnmanaged(
        0,
        OrderAction.Sell,
        OrderType.StopMarket,
        6,    //quantity,
        0,    
        PRICE_MIN - (5 * TickSize),    
        ocoString,
        "longStopLoss");    // =signalName
    }    


    else if (shortStopEntry != null && execution.Order == shortStopEntry)
    {
        ocoString = string.Format("unmanageexitdoco{0}", DateTime.Now.ToString("hhmmssffff"));

        // TP
        SubmitOrderUnmanaged(
        0,
        OrderAction.BuyToCover,
        OrderType.Limit,
         6,    //quantity, 
        GetCurrentBid(0) - (target_ticks* TickSize),    
        0,  
        ocoString,
        "shortProfitTarget");    // =signalName

        //  SL
        SubmitOrderUnmanaged(
        0,
        OrderAction.BuyToCover,
        OrderType.StopMarket,
        6,    
        0,    
        PRECIO_MAXIMO + (5 * TickSize),
        ocoString,
        "shortStopLoss");    // =signalName
    }


    else if (    execution.Name == "longProfitTarget"
            ||    execution.Name == "longStopLoss"
            ||     execution.Name == "shortProfitTarget"
            ||    execution.Name == "shortStopLoss")
    {
        longStopEntry    = null;
        shortStopEntry    = null;
    }
}​

[NinjaTrader_ChelseaB]

Hello kliberthtrading20231107,

Is the entry execution part filling and causing the exit orders to be sent multiple times?

Enable TraceOrders and print the order object in OnOrderUpdate() to understand what is going on?

https://ninjatrader.com/support/forum/forum/ninjatrader-7/strategy-development-aa/99209-date-conditions-not-working?p=791121#post791121

Save the output from the NinjaScript Output Window and include this with your next post and I will be happy to assist with analyzing the output.

[kliberthtrading20231107]

Hi ChelseaB,

Thanks for reading me again,

I am using a variable called

"CANTIDAD_CONTRATOS" = "QUANTITY_CONTRACTS"

To only change one value in the entire code.

I sent what was requested plus a screenshot

CANTIDAD_CONTRATOS 1: 6
08/12/2023 10:18:56 Strategy 'ASISTENTE KIN     >>  /251737721': Entered internal SubmitOrderUnmanaged() method at 08/12/2023 10:18:56: BarsInProgress=0 Action=Buy OrderType=StopMarket Quantity=6 LimitPrice=0 StopPrice=15955.50 SignalName='longStopEntry'
CANTIDAD_CONTRATOS 2: 6
08/12/2023 10:18:56 Strategy 'ASISTENTE KIN     >>  /251737721': Entered internal SubmitOrderUnmanaged() method at 08/12/2023 10:18:56: BarsInProgress=0 Action=SellShort OrderType=StopMarket Quantity=6 LimitPrice=0 StopPrice=15949.00 SignalName='shortStopEntry'
CANTIDAD_CONTRATOS 5: 6
08/12/2023 10:19:48 Strategy 'ASISTENTE KIN     >>  /251737721': Entered internal SubmitOrderUnmanaged() method at 08/12/2023 10:19:48: BarsInProgress=0 Action=BuyToCover OrderType=Limit Quantity=6 LimitPrice=15874.25 StopPrice=0 SignalName='shortProfitTarget'
CANTIDAD_CONTRATOS 6: 6
08/12/2023 10:19:48 Strategy 'ASISTENTE KIN     >>  /251737721': Entered internal SubmitOrderUnmanaged() method at 08/12/2023 10:19:48: BarsInProgress=0 Action=BuyToCover OrderType=StopMarket Quantity=6 LimitPrice=0 StopPrice=15961.50 SignalName='shortStopLoss'
CANTIDAD_CONTRATOS 5: 6
08/12/2023 10:19:48 Strategy 'ASISTENTE KIN     >>  /251737721': Entered internal SubmitOrderUnmanaged() method at 08/12/2023 10:19:48: BarsInProgress=0 Action=BuyToCover OrderType=Limit Quantity=6 LimitPrice=15874.25 StopPrice=0 SignalName='shortProfitTarget'
CANTIDAD_CONTRATOS 6: 6
08/12/2023 10:19:48 Strategy 'ASISTENTE KIN     >>  /251737721': Entered internal SubmitOrderUnmanaged() method at 08/12/2023 10:19:48: BarsInProgress=0 Action=BuyToCover OrderType=StopMarket Quantity=6 LimitPrice=0 StopPrice=15961.50 SignalName='shortStopLoss'​

From what I observe, this code is repeated twice.

else if (shortStopEntry != null && execution.Order == shortStopEntry)
    {
        ocoString = string.Format("unmanageexitdoco{0}", DateTime.Now.ToString("hhmmssffff"));

        Print("CANTIDAD_CONTRATOS 5: " + CANTIDAD_CONTRATOS);

        // TP

        SubmitOrderUnmanaged(
        0,
        OrderAction.BuyToCover,
        OrderType.Limit,
        CANTIDAD_CONTRATOS, ////quantity,    
        GetCurrentBid(0) - (TICKS_OBJETIVO * TickSize),    
        0,    
        ocoString,
        "shortProfitTarget");    

        Print("CANTIDAD_CONTRATOS 6: " + CANTIDAD_CONTRATOS);

        // SL
        SubmitOrderUnmanaged(
        0,
        OrderAction.BuyToCover,
        OrderType.StopMarket,
        CANTIDAD_CONTRATOS,    //quantity,
        0,    
        PRECIO_MAXIMO + (5 * TickSize),    
        ocoString,
        "shortStopLoss");    // =signalName
    }​​​

[NinjaTrader_ChelseaB]

Hello kliberthtrading20231107,

I'm not seeing the print of the order object from OnOrderUpdate().

May I confirm you are printing the order object from OnOrderUpdate()? (This is going to tell us if the entry part filled)

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

To save the output from the output window to a text file, right-click the NinjaScript Output window -> select Save As. Then attach the file as an attachment to your next post.

[kliberthtrading20231107]

Hi ChelseaB,

I send the requested

More copy of the code

[kliberthtrading20231107]

In my script it is modified so that I only make one trade per day.

[kliberthtrading20231107]

Sending attached other results

[NinjaTrader_ChelseaB]

Hello kliberthtrading20231107,

This output file does not have the print of the order object from OnOrderUpdate().

Please place the following in the scope of the class.

protected override void OnOrderUpdate(Order order, double limitPrice, double stopPrice, int quantity, int filled, double averageFillPrice, OrderState orderState, DateTime time, ErrorCode error, string comment)
{
Print(order.ToString());
}​

[kliberthtrading20231107]

Thanks for example.

I send attached what was requested.
NinjaScript Output 08_12_2023 13_37.txt

[NinjaTrader_ChelseaB]

Hello kliberthtrading20231107,

You have an entry order that part filled. OnExecutionUpdate() will run for each part fill. In this case it ran twice from two part fills.
With the code you have, this would submit four exit orders (two profit targets and two stop losses) all with the total quantity.

orderId='0cfd9591efe04d7ab322c1ba91d0a4de' account='Sim101' name='shortStopEntry' orderState=PartFilled instrument='MNQ DEC23' orderAction=SellShort orderType='Stop Market' limitPrice=0 stopPrice=16043.5 quantity=6 tif=Gtc oco='unmanagedentryoco0136565378' filled=1 averageFillPrice=16043.5 onBehalfOf='' id=43814 time='2023-12-08 13:36:56' gtd='2099-12-01' statementDate='2023-12-08'

orderId='0cfd9591efe04d7ab322c1ba91d0a4de' account='Sim101' name='shortStopEntry' orderState=Filled instrument='MNQ DEC23' orderAction=SellShort orderType='Stop Market' limitPrice=0 stopPrice=16043.5 quantity=6 tif=Gtc oco='unmanagedentryoco0136565378' filled=6 averageFillPrice=16043.2916666667 onBehalfOf='' id=43814 time='2023-12-08 13:36:56' gtd='2099-12-01' statementDate='2023-12-08'

orderId='d1c3e23164de4338ae4b44dc0d2371ec' account='Sim101' name='shortProfitTarget' orderState=Submitted instrument='MNQ DEC23' orderAction=BuyToCover orderType='Limit' limitPrice=16027 stopPrice=0 quantity=6 tif=Gtc oco='unmanageexitdoco0136567168' filled=0 averageFillPrice=0 onBehalfOf='' id=43815 time='2023-12-08 13:36:56' gtd='2099-12-01' statementDate='2023-12-08'

orderId='76d1b636aded459da30821d59c8b6f2e' account='Sim101' name='shortStopLoss' orderState=Submitted instrument='MNQ DEC23' orderAction=BuyToCover orderType='Stop Market' limitPrice=0 stopPrice=16059 quantity=6 tif=Gtc oco='unmanageexitdoco0136567168' filled=0 averageFillPrice=0 onBehalfOf='' id=43816 time='2023-12-08 13:36:56' gtd='2099-12-01' statementDate='2023-12-08'

orderId='45d0e783d5a244f6b5c667b9396e60e7' account='Sim101' name='shortProfitTarget' orderState=Submitted instrument='MNQ DEC23' orderAction=BuyToCover orderType='Limit' limitPrice=16026.75 stopPrice=0 quantity=6 tif=Gtc oco='unmanageexitdoco0136567777' filled=0 averageFillPrice=0 onBehalfOf='' id=43817 time='2023-12-08 13:36:56' gtd='2099-12-01' statementDate='2023-12-08'

orderId='cbdcd641f0504b83ace17976c270a931' account='Sim101' name='shortStopLoss' orderState=Submitted instrument='MNQ DEC23' orderAction=BuyToCover orderType='Stop Market' limitPrice=0 stopPrice=16059 quantity=6 tif=Gtc oco='unmanageexitdoco0136567777' filled=0 averageFillPrice=0 onBehalfOf='' id=43818 time='2023-12-08 13:36:56' gtd='2099-12-01' statementDate='2023-12-08'

You could choose to either wait until the order is fully filled before sending the exit orders.

Or you can choose to submit the exits on the first part fill, and then use ChangeOrder() to modify the quantity of each successive fill.
The UnmanagedRithmicIBFriendlyExample in the export linked below demonstrates.

https://forum.ninjatrader.com/forum/ninjatrader-8/platform-technical-support-aa/1199112-ninja-trader-v8-0-26-rithmic-issues-fixed?p=1206372#post1206372

[kliberthtrading20231107]

You have 1 example of

"You could choose to either wait until the order is fully filled before sending the exit orders."

I appreciate it please.

While I review the second solution

"UnmanagedRithmicIBFriendlyExample"

Chelsea B. Thanks for the help!

[NinjaTrader_ChelseaB]

Hello kliberthtrading20231107,

I don't have an example of this, but the logic is similar.

if (execution.Name == "Long limit entry 1")
{
// We sum the quantities of each execution making up the entry order
sumFilledLong1 += execution.Quantity;​

if (sumFilledLong1 == execution.Order.Quantity)
{
stopLossLong1 = SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.StopMarket, sumFilledLong1, 0, averageEntryPrice - StopDistance * TickSize, oco, "StopLossLong1");
targetLong1 = SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.Limit, sumFilledLong1, averageEntryPrice + ProfitDistance * TickSize, 0, oco, "TargetLong1");
sumFilledLong1 = 0;
​}

[kliberthtrading20231107]

Hello ChelseB,

Thanks for the prompt and punctual response! thank you very much!!!

I tested the code for 2 days straight and it is a success.

"UnmanagedRithmicIBFriendlyExample.zip"

"UnmanagedRithmicIBFriendlyExample.zip"