IOrders - ExitOrders problem

FILIP88 · (login for full post details)

Hello everybody,

i would like to ask some experienced programmer for a help with IOrders.

I have programmed simple strategy that should set profit target and stop loss by ExitLongStop and Exit longLimit. After entering a position, TP should be set 50 ticks above entry and SL should be set 50ticks bellow entry. Unfortunately when I apply strategy in a chart and position is entered, sometimes, the strategy omit exit orders, please see chart bellow.

ENTRY

Code

entryOrderLong = EnterLongStop(0, false, 1, High[0] + 1 * TickSize, "LONG");
				
Print("LONG TRADE" + High[0] + 1 * TickSize );

IORDERS

Code

if (entryOrderLong != null && entryOrderLong == order)
		{
			if (order.OrderState == OrderState.Filled)
			{

				exitLimitLong = ExitLongLimit(0, true, 1, entryOrderLong.AvgFillPrice + 50 * TickSize, "PROFIT TARGET",entryOrderLong.FromEntrySignal);
				
				exitStopLong = ExitLongStop(0, true, 1, entryOrderLong.AvgFillPrice - 50 * TickSize, "STOP LOSS", entryOrderLong.FromEntrySignal); 	
			
			}
		}

LOG:

Code

24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Buy OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=953,00 SignalName='LONG' FromEntrySignal=''
LONG TRADE952,750,25
24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName='PROFIT TARGET' FromEntrySignal=''
24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName=PROFIT TARGET' FromEntrySignal=''
24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName='STOP LOSS' FromEntrySignal=''
24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName=STOP LOSS' FromEntrySignal=''
25.3.2015 19:20:00 Cancelled pending exit order, since associated position is closed: Order='NT-00020/Sim101' Name='PROFIT TARGET' State=Working Instrument='ZS 11-15' Action=Sell Limit price=965,5 Stop price=0 Quantity=1 Strategy='StrategyThree' Type=Limit Tif=Gtc Oco='' Filled=0 Fill price=0 Token='44966be7f6ce492689259716b66ab447' Gtd='1.12.2099 0:00:00'

I am quite confused, since sometimes it set stop orders correctly, sometimes it ommits... :s

Could please somebody tell me what is wrong with the code?

Thank you

FILIP88 · (login for full post details)

problem fixed

stearno · (login for full post details)

Can you share what you did to fix so we could learn as well?

Sent from my HUAWEI MT7-TL10 using Tapatalk

FILIP88 · (login for full post details)

stearno

Can you share what you did to fix so we could learn as well?

Sent from my HUAWEI MT7-TL10 using Tapatalk

i had wrongly set exit orders and entryhandling

When i entered in the 1st trade, my exitorders were set according to ExitLimitLong and ExitLimitStops in block OnOrderUpdate. The problem was, when i entered in the 2nd trade and had still opened 1st position, i called again the same IOrders from OnOrderUpdates which have already set SL/TP for the 1st position, so that my exit orders were amended.

Code

24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName='PROFIT TARGET' FromEntrySignal=''
24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Limit Quantity=1 LimitPrice=965,50 StopPrice=0 SignalName=PROFIT TARGET' FromEntrySignal=''
24.3.2015 19:20:00 Entered internal PlaceOrder() method at 24.3.2015 19:20:00: BarsInProgress=0 Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName='STOP LOSS' FromEntrySignal=''
24.3.2015 19:20:00 Amended open order: Action=Sell OrderType=Stop Quantity=1 LimitPrice=0 StopPrice=940,50 SignalName

Also my entryhandlig was set as 100entries per direction

Code

EntriesPerDirection = 100;
 EntryHandling = EntryHandling.AllEntries;

I changed entryhandling as i can be only in one trade in a time and then everything was ok.

stearno · (login for full post details)

Thank you. I don't know much on this system of order handling so it helps to read your words.

Sent from my HUAWEI MT7-TL10 using Tapatalk

shodson · (login for full post details)

It'd be easier to just use SetProfitTarget() and SetStopLoss() at 50 ticks each.

FILIP88 · (login for full post details)

shodson

It'd be easier to just use SetProfitTarget() and SetStopLoss() at 50 ticks each.

Yes, SetStopLoss and SetProfitTarget would be easier, but i used IOrders to be more flexible in my exit orders.

IOrders - ExitOrders problem

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IOrders - ExitOrders problem

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