NT7 Advanced Order Management

[zeller4]

Hello,

I've added a couple print statements to my Unmanaged strat so I can see what's going on "under the hood"...

protected override void OnOrderUpdate(IOrder o)
		{
			zoneCounter++;
			if (1==1){
				Print("******************* OnOrderUpdate");	
				Print("******************* OnPosition: "+Position.MarketPosition.ToString());	
				Print("******************* zoneCounter: "+zoneCounter.ToString());
			
			}
...

and

protected override void OnExecution(IExecution e)
		{
			if (1==1){
				Print("******************* OnExecution");	
				Print("******************* OnPosition: "+Position.MarketPosition.ToString());	
				Print("******************* zoneCounter: "+zoneCounter.ToString());
			
			}
			zoneCounter = 0;
...

The results are similar to the following using:

CalculateOnBarClose = true;
			Unmanaged = true;
			TraceOrders				= true;

11/4/2016 07:41:48 Entered internal SubmitOrder() method at 11/4/2016 07:41:48: Action=SellShort OrderType=Limit Quantity=1 Lim
itPrice=44.65 StopPrice=0 OcoId='' Name='SE'
******************* OnOrderUpdate
******************* OnPosition: Flat
******************* zoneCounter: 1
v03 Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Flat
******************* zoneCounter: 2
v03 Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Flat
******************* zoneCounter: 3
v03 Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Short
******************* zoneCounter: 4
v03 Short OnOrderUpdate
******************* OnExecution
******************* OnPosition: Short
******************* zoneCounter: 4
11/4/2016 07:43:15 Entered internal SubmitOrder() method at 11/4/2016 07:43:15: Action=BuyToCover OrderType=Stop Quantity=1 L
imitPrice=0 StopPrice=44.80 OcoId='' Name='SS'
11/4/2016 07:43:15 Entered internal SubmitOrder() method at 11/4/2016 07:43:15: Action=BuyToCover OrderType=Limit Quantity=1 L
imitPrice=44.50 StopPrice=0 OcoId='' Name='ST'
******************* OnOrderUpdate
******************* OnPosition: Short
******************* zoneCounter: 1
Stop Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Short
******************* zoneCounter: 2
Target Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Short
******************* zoneCounter: 3
Stop Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Short
******************* zoneCounter: 4
Target Short OnOrderUpdate
******************* OnOrderUpdate
******************* OnPosition: Short
******************* zoneCounter: 5
Target Short OnOrderUpdate

Can you explain why it appears to run through OnOrderUpdate 4 times and remaining flat before the switch to OnExecution? Then, when it gets to OnExecution to place stop and target, why does it have two runs for the stop and two+ for the target?

[NinjaTrader_JessicaP]

Hello zeller4, and thank you for your question.

An exchange with the orders desk involves several stages, and thus, several messages passed back and forth between NinjaTrader and the orders desk. Each time one of these messages is sent or received, OnOrderUpdate is called.

The phases an order goes through are documented in the "OrderState Values" section here,

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

You can print o.OrderState and e.Order.OrderState to see this conversation in action.

Please let us know if there are any other ways we can help.

[bltdavid]

Can you explain why it appears to run through OnOrderUpdate 4 times and remaining flat before the switch to OnExecution? Then, when it gets to OnExecution to place stop and target, why does it have two runs for the stop and two+ for the target?

You'd learn a lot more if you use these Print() statements combined with the ToString() methods,

protected override void OnOrderUpdate(IOrder order)
{
    Print("OnOrderUpdate: " + order.ToString());
    ... rest of code ...
}

protected override void OnExecution(IExecution execution)
{
    Print("OnExecution: " + execution.ToString());
    ... rest of code ...
}

protected override void OnPositionUpdate(IPosition position)
{
    Print("OnPositionUpdate: " + position.ToString());
    ... rest of code ...
}