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Old 05-12-2012, 12:30 AM   #1
midsea
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Question Profit Target Exit ignored

I'm executing a strategy that sets an order with a stoploss and a profittarget

SetStopLoss(CalculationMode.Price, stp);
SetProfitTarget(CalculationMode.Price, prof);
thisorder = EnterShortStop(0, true, 30000, lim, "GTC short");

Then when the profit target is being reached, the out file states that the buy to cover is ignored -

7/01/2011 1:00:00 AM Entered internal PlaceOrder() method at 7/01/2011 1:00:00 AM: BarsInProgress=0 Action=BuyToCover OrderType=Limit Quantity=3,000 LimitPrice=1.2997 StopPrice=0 SignalName='' FromEntrySignal=''
7/01/2011 1:00:00 AM Ignored PlaceOrder() method at 7/01/2011 1:00:00 AM: Action=BuyToCover OrderType=Limit Quantity=3,000 LimitPrice=1.2997 StopPrice=0 SignalName=Buy to cover' FromEntrySignal='' Reason='An Exit() method to submit an exit order has been ignore. Please search on the term 'Internal Order Handling Rules' in the Help Guide for detailed explanation.'
**NT** An Exit() method to submit an exit order at '7/01/2011 1:00:00 AM' has been ignored. Please search on the term 'Internal Order Handling Rules' in the Help Guide for detailed explanation.
Reset Lo
7/01/2011 2:00:00 AM Entered internal PlaceOrder() method at 7/01/2011 2:00:00 AM: BarsInProgress=0 Action=SellShort OrderType=Stop Quantity=0.03M LimitPrice=0 StopPrice=1.2975 SignalName='GTC short' FromEntrySignal=''
7/01/2011 2:00:00 AM Ignored PlaceOrder() method at 7/01/2011 2:00:00 AM: Action=SellShort OrderType=Stop Quantity=0.03M LimitPrice=0 StopPrice=1.2975 SignalName='GTC short' FromEntrySignal='' Reason='Exceeded entry signals limit based on EntryHandling and EntriesPerDirection properties'
20110107

What am I doing wrong?
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Old 05-12-2012, 01:54 PM   #2
NinjaTrader_AdamP
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midsea,

What are you setting the variables "stp" and "prof" to?

I look forward to helping you resolve your issue.
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Old 05-12-2012, 10:29 PM   #3
midsea
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I have print statements in the strategy -
Print (ToDay(Time[0]));
Print (ToTime(Time[0]));
Print (dir);
Print (trade);
Print (High[0]);
Print (Low[0]);
Print (hilo);
Print (prof);
Print (stp);
Print (be);
Print (pipsize);
Print (BarsSinceEntry());
Print (BarsInProgress);

the output is
20110107
10000
-1
True
1.3028
1.2997
1.3227
1.2997
1.3227
1.3112
0.0001
32
0

The prof and stp figures are 1.2997, 1.3227.

Thanks for your help.
Ray
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Old 05-13-2012, 10:51 AM   #4
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midsea,

You are getting some order handling rules that are probably being violated. Please ensure that you have one strategy trading one instrument at a time. In addition, you may want to comment parts of your strategy out and add them in piece by piece so that you can identify where this issue is coming from.

A comment looks like this //my comment

Specifically, you are getting an entry handling issue.

http://www.ninjatrader.com/support/f...37&postcount=2

And a managed approach rule violation.

http://www.ninjatrader.com/support/h...d_approach.htm
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