Exiting a position at market with a reversal

[Deadpool]

Hello,

I have a strategy I use that is always in the market......when I get a reversal candle, I am using a limit order to get in the market opposite of the previous position. The issue I am having is during fast moving markets, sometimes the limit order is not filled, which unfortunately does not close out the previous order either.

I am ok with not being filled in a new order, but would still like previous order closed to go flat, even if at market. Would a stop loss parameter (exit at market) work for this, or would it result in possible doubling the new position? (ie, exits at market, but new orders executes two positions)

Thank you

[NinjaTrader_ChelseaB]

Hello Deadpool,

Welcome to the NinjaTrader forums!

If the limit order is working (and has not been cancelled) and the price moves past the limit the order should fill.

It might be that the order is being automatically cancelled.

Enable TraceOrders to see if this is the case.

https://support.ninjatrader.com/s/article/Developer-Guide-Debugging-using-Print-and-TraceOrders