Backtest - Managed Approach: ExitShortLimit not triggered - get Exit on Close instead

[jamesmjones00123]

My strategy opens a position with:

EnterShortLimit(GetCurrentAsk(), "SHORT");

I then have this code to set the exit point:

protected override void OnPositionUpdate(Position position, double averagePrice, int quantity, MarketPosition marketPosition) {
//Log("=== TYPE ===:" + position.MarketPosition, NinjaTrader.Cbi.LogLevel.Warning);
if (marketPosition == MarketPosition.Short) {
Log("ExitShortLimit:" + EMA(barsEMA)[0], NinjaTrader.Cbi.LogLevel.Warning);
ExitShortLimit(EMA(barsEMA)[0], "SHORT");
} else if (marketPosition == MarketPosition.Long) {
Log("ExitLongLimit:" + EMA(barsEMA)[0], NinjaTrader.Cbi.LogLevel.Warning);
ExitLongLimit(EMA(barsEMA)[0], "LONG");
}
}

In the backtest I see the orders correctly, but it did not trigger. I eventually closed the position with "Exit on Session Close" a few days later. See pic attached.

Why did the ExitShortLimit(EMA(barsEMA)[0], "SHORT"); not happen?

Thanks.

[NinjaTrader_Jim]

Hello jamesmjones00123,

Thanks for writing in to our Support Forums.

I see that the order was placed, but I cannot confirm that the market conditions were true to have the the order filled.

Please verify that the market price has crossed the EMA limit price. Please provide me a screenshot where the order should have triggered.

To send a screenshot with Windows 7 or newer we recommend using Window's Snipping Tool.

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Alternatively to send a screenshot press Alt + PRINT SCREEN to take a screenshot of the selected window. Then go to Start--> Accessories--> Paint, and press CTRL + V to paste the image. Lastly, save as a jpeg file and send the file as an attachment.

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There are times where the price can be hit, but it will not fill a limit order. In these circumstances you will be better served to use market orders instead of limit orders. For example, does your strategy exit at that price when using ExitShort()?

Our Brokerage Support team has further information on order types listed on their website: http://www.ninjatraderbrokerage.com/...er_limit_order

I look forward to assisting you further.