ExitLong while Pending

[kiss987]

Suppose the order I placed using EnterLong has not yet submitted but in either one of the following states: Accepted/PendingCancel/PendingChange/PendingSubmitWorking.
What happens if call the ExitLong method? Will it cancel the order or should I use the CancelOrder method? What is the best way to flat my position and to make sure there ae no more open/pending orders?

Thanks

[NinjaTrader_MichaelM]

Hello kiss987,

Thank you for writing in. Please refrain from posting the same question in multiple threads. If you call ExitLong() and ExitShort() without a quantity or entry signal, it will render your entire position flat. Once your position is flat, open orders will be cancelled automatically.

By default, unfilled orders will expire at the end of the bar unless live until cancelled is set to true. So if your strategy had a partially filled live until cancelled order and the rest of the order had not been cancelled for another reason, it would still exist to be potentially filled in the future until you call the CancelOrder() method or its Time in force is reached or until ExitLong() or ExitShort() had flattened your position.

In this scenario it would be better practice to call CancelOrder() first to prevent the rest of the order from filling as you are flattening the position using ExitLong().

For an example using the CancelOrder() strategy, please see here: http://ninjatrader.com/support/forum...ad.php?t=18890
The CancelOrder() method is also in our help guide: http://ninjatrader.com/support/helpG...ancelorder.htm

Please let me know if you have any questions.