Indicator to cancel new entry

[Jackrpo]

I am working on make an indicator that cancels the orders before submit to broker after a condition is reached.

the problem is After I cancel the order, The order will be keep on pending cancel forever. (see the image for reference, the unknown orders was with same problem but I restart the ninja)


my code is like this:


// subscribe
account.AccountItemUpdate += OnAccountItemUpdate;
account.PositionUpdate += OnPositionUpdate;
account.ExecutionUpdate += OnExecutionUpdate;
account.OrderUpdate += OnOrderUpdate;

.//

private void OnOrderUpdate(object sender, OrderEventArgs e)
{
Print ("On order update");
if (e.Order != null )
{
Print("Orden " + e.Order.Name + " orden id=" + e.Order.OrderId + " state =" + e.Order.OrderState);
if (account.Get(AccountItem.RealizedProfitLoss, Currency.UsDollar) <= Limit*(-1) && e.Order.OrderState == OrderState.Initialized)
{
Print("We are going to cancel the order.");
Order sa = null;
sa = e.Order;
account.Cancel(new[] { sa });
}
}
}



how I can cancel the new orders before they are sumitted to the broker, for market and limits orders?

[NinjaTrader_Jesse]

Hello Jackrpo,

Generally this type of logic should reside with the script submitting the orders so it can just prevent the order from being sent at all, are you trying to block manual orders from being submitted?

If you are trying to block manually placed orders, the general suggestion would be to instead create your own order entry tool using an Addon. you could then prevent the manual order from being submitted through your tool by denying the button click. Disabling your tool can be based on your condition rather than trying to cancel an already submitted order.

If the orders are other script orders, this logic would be best placed in the script its self to control the orders directly. Preventing the order from being submitted at all would be best.

Another item which can come up with this is that the cancel method is not guaranteed to cancel an order so this would not be suggested for this type of use case or blocking an already submitted order. Cancelling an order simply lets the broker know to cancel the order but it may still fill within that time if it is possible, preventing the order from being submitted to begin with would be suggested instead.


I look forward to being of further assistance.

[Jackrpo]

Hello Jackrpo,

Generally this type of logic should reside with the script submitting the orders so it can just prevent the order from being sent at all, are you trying to block manual orders from being submitted?

If you are trying to block manually placed orders, the general suggestion would be to instead create your own order entry tool using an Addon. you could then prevent the manual order from being submitted through your tool by denying the button click. Disabling your tool can be based on your condition rather than trying to cancel an already submitted order.

If the orders are other script orders, this logic would be best placed in the script its self to control the orders directly. Preventing the order from being submitted at all would be best.

Another item which can come up with this is that the cancel method is not guaranteed to cancel an order so this would not be suggested for this type of use case or blocking an already submitted order. Cancelling an order simply lets the broker know to cancel the order but it may still fill within that time if it is possible, preventing the order from being submitted to begin with would be suggested instead.


I look forward to being of further assistance.

Hello Jesse, thanks you so much for your support

Yes, I am trying to block manual orders from being submitted

I will check the option to disable the buttons of chart trader.