Rejected State

[Protech]

Hi Team,

I want to use the Rejected State with an add-on based on a specific condition. I'm not able to do it and I'm forced to wait for the State Submitted and then Cancel the order. Looking at the accounts tab and the properties in the account I found few settings like max position size and were grateful surprised that I get the behavior that I'm trying to do. When max position size is 2 and I use more than 2, I get in the log the rejected state. Doesn't matter if I try it in the DOM, with a strategy, always is the same result. This is the result I get and want to copy:




Any example of how to accomplish this with an add-on?

Thank you so much

[NinjaTrader_ChelseaB]

Hello Protech,

From the addon approach you can assign a method handler to the <account>.OrderUpdate event, and see when the argument.OrderState is OrderState.Rejected.

https://ninjatrader.com/support/helpGuides/nt8/orderupdate.htm

With the error message, do you have a risk template applied to the Sim101 account?

https://ninjatrader.com/support/helpGuides/nt8/index.html?accounts_tab.htm#UnderstandingTheAccountsTab

[Protech]

Hi NinjaTrader_ChelseaB

Thank you for your answer. Let me explain it with an example. I don't need to create an Order, I want to use any order that can be placed using ATM or not. I mean any order with NinjaTrader. Let say a simple condition:

if Trades >5 do something (in this case reject any new order)

What I do actually, wait first for the submitted stated, and then I canceled the order. The error message showed in the previous comment is what I need to do, I mean based on this condition reject the order. I know with strategies this can be done, but with an add-on, I didn't find an example about it.

Thank you for your time

[NinjaTrader_ChelseaB]

Hello Protech,

Adding an event handler method to the<account>.OrderUpdate event would not be creating a new order. This would assigning a method to the order update event that runs anytime an order changes states.

Below is a link to an example addon that uses <account>.Cancel().

https://ninjatrader.com/support/forum/forum/ninjatrader-8/add-on-development/105588-usage-of-charttrader-in-add-on?p=820720#post820720