OnBarUpdate Vs. OnExecution

binwang2 · 12-01-2009, 10:14 AM

Hi NT experts,

I have a generic questions on the difference in handling order status with OnBarUpdate and OnExecution.

Right now stop and target orders are submitted in OnExecution after verifying the associated entry orders are filled.

Are there any pitfalls if stop and target orders are submitted in OnBarUpdate after vefifying entries are filled? Suppose CalculateOnBarClose = false.

NinjaTrader_Bertrand · 12-01-2009, 10:24 AM

binwang2, the difference would be the slightly different timing when those methods are called then, OnBarUpdate() on each tick (thus can depend on the speed of the market), while OnExecution() would be called for the incoming executions directly, thus OnExecution() would give you more granular access in the event cycle.

12-01-2009, 10:14 AM	#1
binwang2 Senior Member Join Date: Jan 2009 Posts: 216 Thanks: 0 Thanked 1 time in 1 post	OnBarUpdate Vs. OnExecution Hi NT experts, I have a generic questions on the difference in handling order status with OnBarUpdate and OnExecution. Right now stop and target orders are submitted in OnExecution after verifying the associated entry orders are filled. Are there any pitfalls if stop and target orders are submitted in OnBarUpdate after vefifying entries are filled? Suppose CalculateOnBarClose = false.
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12-01-2009, 10:24 AM	#2
NinjaTrader_Bertrand NinjaTrader Customer Service Join Date: Sep 2008 Location: Germany Posts: 22,556 Thanks: 261 Thanked 1,014 times in 995 posts	binwang2, the difference would be the slightly different timing when those methods are called then, OnBarUpdate() on each tick (thus can depend on the speed of the market), while OnExecution() would be called for the incoming executions directly, thus OnExecution() would give you more granular access in the event cycle. Bertrand NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
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