Hello everybody,

i would like to ask some experienced programmer for a help with IOrders.

I have programmed simple strategy that should set profit target and stop loss by ExitLongStop and Exit longLimit. After entering a position, TP should be set 50 ticks above entry and SL should be set 50ticks bellow entry. Unfortunately when I apply strategy in a chart and position is entered, sometimes, the strategy omit exit orders, please see chart bellow.



ENTRY

 

Code

entryOrderLong = EnterLongStop(0, false, 1, High[0] + 1 * TickSize, "LONG"); Print("LONG TRADE" + High[0] + 1 * TickSize );

IORDERS

 

Code

if (entryOrderLong != null && entryOrderLong == order) { if (order.OrderState == OrderState.Filled) { exitLimitLong = ExitLongLimit(0, true, 1, entryOrderLong.AvgFillPrice + 50 * TickSize, "PROFIT TARGET",entryOrderLong.FromEntrySignal); exitStopLong = ExitLongStop(0, true, 1, entryOrderLong.AvgFillPrice - 50 * TickSize, "STOP LOSS", entryOrderLong.FromEntrySignal); } }

LOG:

 

Code

24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Buy OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=953,00 SignalName='LONG' FromEntrySignal='' LONG TRADE952,750,25 24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName='PROFIT TARGET' FromEntrySignal='' 24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName=PROFIT TARGET' FromEntrySignal='' 24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName='STOP LOSS' FromEntrySignal='' 24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName=STOP LOSS' FromEntrySignal='' 25.3.2015 19:20:00 Cancelled pending exit order, since associated position is closed: Order='NT-00020/Sim101' Name='PROFIT TARGET' State=Working Instrument='ZS 11-15' Action=Sell Limit price=965,5 Stop price=0 Quantity=1 Strategy='StrategyThree' Type=Limit Tif=Gtc Oco='' Filled=0 Fill price=0 Token='44966be7f6ce492689259716b66ab447' Gtd='1.12.2099 0:00:00'

I am quite confused, since sometimes it set stop orders correctly, sometimes it ommits... :s

Could please somebody tell me what is wrong with the code?

Thank you

problem fixed

Can you share what you did to fix so we could learn as well?

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stearno 

Can you share what you did to fix so we could learn as well? Sent from my HUAWEI MT7-TL10 using Tapatalk

i had wrongly set exit orders and entryhandling

When i entered in the 1st trade, my exitorders were set according to ExitLimitLong and ExitLimitStops in block OnOrderUpdate. The problem was, when i entered in the 2nd trade and had still opened 1st position, i called again the same IOrders from OnOrderUpdates which have already set SL/TP for the 1st position, so that my exit orders were amended.

 

Code

24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName='PROFIT TARGET' FromEntrySignal='' 24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName=PROFIT TARGET' FromEntrySignal='' 24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName='STOP LOSS' FromEntrySignal='' 24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName

Also my entryhandlig was set as 100entries per direction

 

Code

EntriesPerDirection = 100; EntryHandling = EntryHandling.AllEntries;

I changed entryhandling as i can be only in one trade in a time and then everything was ok.

Thank you. I don't know much on this system of order handling so it helps to read your words.

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It'd be easier to just use SetProfitTarget() and SetStopLoss() at 50 ticks each.

shodson 

It'd be easier to just use SetProfitTarget() and SetStopLoss() at 50 ticks each.

Yes, SetStopLoss and SetProfitTarget would be easier, but i used IOrders to be more flexible in my exit orders.