ExitShort & CancelOrder

[delTik]

when ExitShort or CancelOrder are called will an

OnExecutionUpdate

event be raised and ...

for ExitShort what should I look for to determine a successful ExitShort?

for CancelOrder will execution.Order.OrderState == OrderState.Accepted ?

[NinjaTrader_JessicaP]

Hello delTick, and thank you for your question.

The two methods you will need to use to check order status are OnOrderUpdate and OnExecution. I am providing help guide links for both.

http://ninjatrader.com/support/helpGuides/nt7/?onexecution.htm

http://ninjatrader.com/support/helpGuides/nt7/onorderupdate.htm

when ExitShort or CancelOrder are called will an

OnExecutionUpdate

event be raised

At every stage in the order process, OnOrderUpdate will be called. This is where you will want to check to see if your order has been filled or cancelled.

for ExitShort what should I look for to determine a successful ExitShort?

When an Enter or Exit order is completed, you will see the OnExecution event raised.

for CancelOrder will execution.Order.OrderState == OrderState.Accepted ?

When you attempt to cancel an order, an order in one of the states Cancelled, Filled, Rejected, or Unknown is a complete order.

Here is a table with all the possible order states during OnOrderUpdate.

OrderState.Accepted
Order has been acknowledged by the broker
OrderState.Cancelled
Order has been cancelled
OrderState.Filled
Order has been filled
OrderState.PartFilled
Order has been part filled
OrderState.PendingCancel
An order cancellation request has been submitted
OrderState.PendingChange
An order change request has been submitted
OrderState.PendingSubmit
An order has been submitted
OrderState.Rejected
An order has been rejected
OrderState.Working
An order is working at the exchange
OrderState.Unknown
An unknown order state

Please let us know if there is any other way we can help.

[delTik]

thank you.

http://ninjatrader.com/support/helpG...nexecution.htm

http://ninjatrader.com/support/helpG...rderupdate.htm

do these links also apply to NT8?

this advises a different method of assigning an order object:

http://ninjatrader.com/support/helpGuides/nt8/en-us/?editor.htm

[QUOTE]
protected override void OnExecutionUpdate(Execution execution, string executionId, double price, int quantity, MarketPosition marketPosition, string orderId, DateTime time)
{
// Assign entryOrder in OnOrderUpdate() to ensure the assignment occurs when expected.
// This is more reliable than assigning Order objects in OnBarUpdate, as the assignment is not gauranteed to be complete if it is referenced immediately after submitting
if (order.Name == "myEntryOrder" && orderState == OrderState.Filled)
entryOrder = order;

if (entryOrder != null && entryOrder == execution.Order)
Print(execution.ToString());
}
[/QUOTE

compared to:

http://ninjatrader.com/support/helpGuides/nt7/?onexecution.htm

private IOrder entryOrder = null;

protected override void OnBarUpdate()
{
if (entryOrder == null && Close[0] > Open[0])
entryOrder = EnterLong();
}

protected override void OnExecution(IExecution execution)
{
if (entryOrder != null && entryOrder == execution.Order)
Print(execution.ToString());
}

[NinjaTrader_JessicaP]

Thank you for pointing out where I misunderstood and answered this question for NinjaTrader 7. However, a lot of this applies directly to NinjaTrader 8 as well. If we examine the NT8 Help Guide documentation for CancelOrder as a starting point, we see two pages, one for the managed approach, and one for the unmanaged approach. The contents of the unmanaged approach CancelOrder simply link to CancelOrder for the managed approach. Inside the documentation for CancelOrder (Unmanaged), we find this (emphasis mine):

privateOrdermyEntryOrder=null;
privateintbarNumberOfOrder=0;

protectedoverridevoidOnBarUpdate()
{
// Submit an entry order at the low of a bar
if(myEntryOrder==null)
{
// use 'live until canceled' limit order to prevent default managed order handling which would expire at end of bar
EnterLongLimit(0,true,1,Low[0],"Long Entry");
barNumberOfOrder=CurrentBar;
}

// If more than 5 bars has elapsed, cancel the entry order
if(CurrentBar>barNumberOfOrder+5)
CancelOrder(myEntryOrder);
}

protectedoverridevoidOnOrderUpdate(Orderorder,doublelimitPrice,doublestopPrice,intquantity,intfilled,
doubleaverageFillPrice,OrderStateorderState,DateTimetime ,ErrorCodeerror,stringnativeError)
{
// Assign entryOrder in OnOrderUpdate() to ensure the assignment occurs when expected.
// This is more reliable than assigning Order objects in OnBarUpdate, as the assignment is not gauranteed to be complete if it is referenced immediatelyaftersubmitting
if(order.Name=="Long Entry"&&orderState==OrderState.Filled)
entryOrder=order;

// Checks for all updates to myEntryOrder.
if(myEntryOrder!=null&&myEntryOrder==order)
{
// Check if myEntryOrder is cancelled.
if(myEntryOrder.OrderState==OrderState.Cancelled)
{
// Reset myEntryOrder back to null
myEntryOrder=null;
}
}
}

From this we can surmise that we use OnOrderUpdate and OnExecutionUpdate the same way we used OnOrderUpdate and OnExecution in NT7. You should continue using OnOrderUpdate to check for the status of an order you cancelled with CancelOrder, and you should be responding to filled trades in OnExecutionUpdate.

I am including links to help guide documentation for OnOrderUpdate and OnExecutionUpdate for NT8, since these must be called differently in NT8.

http://ninjatrader.com/support/helpGuides/nt8/en-us/onorderupdate.htm

http://ninjatrader.com/support/helpGuides/nt8/en-us/onexecutionupdate.htm

Please let us know if there is any other way we can help.