Hi,

I'm trying to programme and strategy based on High[2]

When high[2]>CurrentAsk+Diferencial, i would plce 3 limit buy orders, but it doesn't works. Colud you help me?

giger2000 

Hi, I'm trying to programme and strategy based on High[2] When high[2]>CurrentAsk+Diferencial, i would plce 3 limit buy orders, but it doesn't works. Colud you help me?

Can you post your Strategy, easier to answer....

NJAMC 

Can you post your Strategy, easier to answer....

As you'd see, I want to plce 3 orders, only if 1 order is executet. Orders limit doesn't works me.

Tks

giger2000 

As you'd see, I want to plce 3 orders, only if 1 order is executet. Orders limit doesn't works me. Tks

@giger2000,

A quick look at this indicates there may be an assumption you are making. Once the FLAT triggers and enters the first limit order, the status of LONG is not valid until most likely the next Bar (or a few Ticks later if you are on COBC=false). So expect the next bar to place the additional positions.

 

Code

protected override void OnBarUpdate() { // Condition set 1 if (High[NumBarras] >= GetCurrentAsk()+DistCompra1) { if (Positions[0].MarketPosition==MarketPosition.Flat){//If position=0, buy first order Print("Vamos a comprar"); EnterLongLimit(QtyCompra, GetCurrentAsk(), "Compra1"); } if (Positions[0].MarketPosition==MarketPosition.Long)//if buy1 is do it, let's place order 2 and 3, with limit price { EnterLongLimit(QtyCompra, GetCurrentAsk()-DistCompra2, "Compra2"); EnterLongLimit(QtyCompra, GetCurrentAsk()-DistCompra3, "Compra3"); } }

Have you tried this strategy with:
CalculateOnBarClose = false;

Also, I am not certain as I haven't played with these NT functions in a while, but I seem to remember NT will not let you set a LONG LIMIT below the ASK price. Even your first "Compra1", this could be below the Ask by the time it is processed and get rejected. I think I understand why this is a desirable setup and one of the reasons I started working on LOM to get around some of the NT7 limitations, but I don't think this approach will work at your broker either (even if you manually entered the orders). Test this by adding to the Ask() in all 3 Limit orders to see if they are entered, i suspect they will be.

NJAMC 

@giger2000, A quick look at this indicates there may be an assumption you are making. Once the FLAT triggers and enters the first limit order, the status of LONG is not valid until most likely the next Bar (or a few Ticks later if you are on COBC=false). So expect the next bar to place the additional positions.   Code protected override void OnBarUpdate() { // Condition set 1 if (High[NumBarras] >= GetCurrentAsk()+DistCompra1) { if (Positions[0].MarketPosition==MarketPosition.Flat){//If position=0, buy first order Print("Vamos a comprar"); EnterLongLimit(QtyCompra, GetCurrentAsk(), "Compra1"); } if (Positions[0].MarketPosition==MarketPosition.Long)//if buy1 is do it, let's place order 2 and 3, with limit price { EnterLongLimit(QtyCompra, GetCurrentAsk()-DistCompra2, "Compra2"); EnterLongLimit(QtyCompra, GetCurrentAsk()-DistCompra3, "Compra3"); } } Have you tried this strategy with: CalculateOnBarClose = false; Also, I am not certain as I haven't played with these NT functions in a while, but I seem to remember NT will not let you set a LONG LIMIT below the ASK price. Even your first "Compra1", this could be below the Ask by the time it is processed and get rejected. I think I understand why this is a desirable setup and one of the reasons I started working on LOM to get around some of the NT7 limitations, but I don't think this approach will work at your broker either (even if you manually entered the orders). Test this by adding to the Ask() in all 3 Limit orders to see if they are entered, i suspect they will be.

I think that i've low level for understand LOM function. could you help me?

giger2000 

I think that i've low level for understand LOM function. could you help me?

Hi @giger2000,

I am not sure it is possible to do what you intend, hopefully one of the experienced traders can tell you if that is the case.

I haven't used LOM recently and fairly tied up with other activities. I would suggest you use the Elite Thread:

NJAMC Local Order Manager (LOM) Collaboration Please review the LOM WIKI before posting questions to this thread. ( Hi All, This thread is going to appeal more to Strategy Writers and Programmers. I have been an Elite member for quite some time now and have learned a lot about indicators and strategies …

And the WIKI:
https://nexusfi.com/wiki/trading-wiki/NT-Local-Order-Manager-LOM-Guide?redirect=no

Also looks like you may not be an elite member so you are unlikely able to get access to the source code.