IOG causing my limit order to cancel and replace intrabar

NexusFi · 2011-08-02T09:03:39-04:00

I believe it is normal behavior. You might try setting a var to track whether or not you've submitted an order on that bar already, and if so, stop doing it again. But what I think will happen is MultiCharts will cancel the pending/unfilled order and not resubmit it in this case. In this regard, NinjaTrader has the upper hand because it has the ability to let you override how long an order stays in the market. Are you absolutely certain it is actually resending the orders to your broker? It was my understanding …

Discussion in EasyLanguage Programming

Updated August 2, 2011

IOG causing my limit order to cancel and replace intrabar

August 2nd, 2011, 09:03 AM

#11 (permalink)

Big Mike

Manta, Ecuador

Site Administrator
Developer
Swing Trader

Experience: Advanced

Platform: Custom solution

Broker: IBKR

Trading: Stocks & Futures

Frequency: Every few days

Duration: Weeks

Posts: 50,475 since Jun 2009

Thanks Given: 33,251

Thanks Received: 101,679

For those interested in automated trading with MultiCharts, there will be a webinar this Thursday @ 4:30PM Eastern with a demonstration of how a hedge fund uses MultiCharts in their systematic trading approach.

Trading Webinars, Trading Videos - [AUTOLINK]Big Mike Trading[/AUTOLINK] Forum

Mike