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OCO + Limit entry not filled

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  • NinjaTrader_ChelseaB
    replied
    Hello Moody1337,

    When using Set methods these will not be submitted until the entry order fills. If the entry is cancelled, the set method will not be submitted.

    When in the managed approach exit orders will be ignored if there is no position open.

    In the managed approach if a position is closed, any associated exit orders will automatically be cancelled.

    Leave a comment:


  • Moody1337
    started a topic OCO + Limit entry not filled

    OCO + Limit entry not filled

    Relatively simple question here...

    But I'm building a strategy that enters at a limit order with a fixed stop and target.

    If I have the execution code be 3 lines with "Long" as the string tying them all together...

    EnterLongLimit
    SetStopLoss
    SetProfitTarget

    Will the stop loss and target wait until the long trade is filled before being sent to market? My worry here is that the limit doesn't get filled and the market trades to my target without a position and then suddenly I'm short. Will normal order handling avoid this?

    Also, if I cancel the long limit in my strategy because it is not filled in time, will the target and stop cancel as well?

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