Need help on NinjaTrader 8 Strategy issue with HalfTrend indicator

May 21st, 2023, 12:45 AM

Hello,
i am creating a strategy for NinjaTrader 8 that receives a signal from HalfTrind indicator to buy or sell
when i receive a signal, i check if there is any other position is open, then i close it and open the new one.

currently, when i try to open a new order, i got this error message:

Buy stop or buy stop limit orders can't be placed below the market. affected order: BuyToCover 1 stopMarket @1234.00

another message:
Strategy submitted an order that generated the following error 'Order rejected'. Strategy has sent cancel requests, attempted to close the position and terminated itself.

i debug the code, and this was the value when i get the erro
Short High[0]: 4138.25 currentATR: 3.0280371924987 newStop: 4141.2780371925 _stop: 4141.2780371925

Code

                                if (Position.MarketPosition == MarketPosition.Flat)
                                {
                                    EnterShort("ShortOrder");
                                    var newStop = High[0] + currentATR;
                                    _shortStop = _shortStop == 0 ? newStop : _shortStop;
                                    _shortStop = Math.Min(_shortStop, newStop);
                                    Print("3 " + ShortOrder + " High[0]: " + High[0] + "  currentATR: " + currentATR + "   newStop: " + newStop + "   _stop: " + _shortStop);
                                    ExitShortStopMarket(_shortStop, "Trail Short", ShortOrder);
                                    //SetStopLoss(CalculationMode.Price, _shortStop);
                                }
                                else if (Position.MarketPosition == MarketPosition.Long)
                                {
                                    ExitLong("LongOrder");
                                    if (Low[0] < Position.AveragePrice)
                                    {
                                        EnterShort("ShortOrder");
                                        var newStop = High[0] + currentATR;
                                        _shortStop = _shortStop == 0 ? newStop : _shortStop;
                                        _shortStop = Math.Min(_shortStop, newStop);
                                        Print("4 " + ShortOrder + " High[0]: " + High[0] + "  currentATR: " + currentATR + "   newStop: " + newStop + "   _stop: " + _shortStop);
                                        ExitShortStopMarket(_shortStop, "Trail Short", ShortOrder);
                                        //SetStopLoss(CalculationMode.Price, _shortStop);
                                    }
                                }

May 21st, 2023, 08:28 AM

mohelsheikh

Hello,
My problem is, I'm getting an error message when I try to make a long request, a short request
The strategy sent cancellation requests and attempted to close the position and terminate itself.
Sell Stop or Sell Stop orders cannot be placed above the market. Affected order: Sell 1 StopMarket @ 4133.5

It could help if you may post your strategy or, at least, the order placing section

May 21st, 2023, 09:28 AM

I am getting the exact same errors as you with a different strategy than yours. It executes the buy, target and stop perfectly when the market (es, nq) is moving slowly(eth) but during regular trading hours, when the market moves quickly, I get the same error "Sell stop or sell stop orders cannot be placed above the market"(or Below the Market) This disables my strategy and leaves my live order hanging in the market without a stop or takeprofit. This could be because the market moved quickly past the stop and won't execute at that level anymore. I'm wondering if there's any error proofing someone could post that would ensure that the stop or target executes at whatever price the market is currently at, even if its a few ticks past my stop or target. I'm using rithmic data feed with NT8 version 8.1.1.6
Cheers, Derek.

mohelsheikh

Hello,
I am creating a NinjaTrader 8 strategy, and this strategy reads the HalfTrend indicator to determine entry points. When the strategy receives an UpSignal[0] from indicatoe, it will automaticly place a market order. If it is short, it will exit any current long position first and then enter a long position. I keep long open until I receive SnSignal[0], check MarketPosition, if fLong, exit long then enter sell, and so on.
My problem is, I'm getting an error message when I try to make a long request, a short request
The strategy sent cancellation requests and attempted to close the position and terminate itself.
Sell Stop or Sell Stop orders cannot be placed above the market. Affected order: Sell 1 StopMarket @ 4133.5

May 21st, 2023, 11:26 AM

BERN Algos

It could help if you may post your strategy or, at least, the order placing section

Thank you,
I did, it is in the post

May 21st, 2023, 05:13 PM

When using stop orders you need to make sure your not trying to place it behond the current bid or ask:

Use this before sending your order:
https://ninjatrader.com/support/helpGuides/nt8/getcurrentask.htm
https://ninjatrader.com/support/helpGuides/nt8/getcurrentbid.htm

Just make sure when you cover your buy or sell position you can do it safely using these methods.

Here is a screen capture of a code snippet i use for placing a buy stop or sell stop safely:

May 21st, 2023, 06:47 PM

Thank you very much for your reply. It looks like getting the current ask/bid should work in my situation. I'll try it as soon as the market opens and let you know how I make out. Enjoy your weekend! Derek.

trendisyourfriend

When using stop orders you need to make sure your not trying to place it behond the current bid or ask:

Use this before sending your order:
https://ninjatrader.com/support/helpGuides/nt8/getcurrentask.htm
https://ninjatrader.com/support/helpGuides/nt8/getcurrentbid.htm

Just make sure when you cover your buy or sell position you can do it safely using these methods.

Here is a screen capture of a code snippet i use for placing a buy stop or sell stop safely:

May 21st, 2023, 07:44 PM

So, in the code below, in OnBarUpdate(), the support price I'm using is based on the indicator sr. How would I use GetCurrentAsk() ?

var support = _sr.SupportPrice[0];

if (Low[0] <= support && Close[0] >= support)
{
if (_lastLevel.ApproxCompare(support) != 0)
{
_lastBar = CurrentBar;
_lastLevel = support;
SetProfitTarget(CalculationMode.Ticks, TakeProfit);
var ticks = (Close[0] - Low[0]) / TickSize;
if (ticks < 4) ticks = 4;
ticks += ExtraSLTicks;
SetStopLoss(CalculationMode.Ticks, ticks);
EnterLong(1, 1, "buy");
return;
}
}

trendisyourfriend

When using stop orders you need to make sure your not trying to place it behond the current bid or ask:

Use this before sending your order:
https://ninjatrader.com/support/helpGuides/nt8/getcurrentask.htm
https://ninjatrader.com/support/helpGuides/nt8/getcurrentbid.htm

Just make sure when you cover your buy or sell position you can do it safely using these methods.

Here is a screen capture of a code snippet i use for placing a buy stop or sell stop safely:

May 22nd, 2023, 08:58 AM

Quoting

Entry() methods will reverse the position automatically. For example if you are in a 1 contract long position and now call EnterShort() -> you will see 2 executions, one to close the prior long position and the other to get you into the desired 1 contract short position.

Take the time to read the Help section and ask your questions on the Ninjatrader forum. There seems to be a minority of people using Ninjatrader on Futures.io these days.
https://ninjatrader.com/support/helpGuides/nt8/managed_approach.htm

May 24th, 2023, 03:51 PM

trendisyourfriend

When using stop orders you need to make sure your not trying to place it behond the current bid or ask:

Use this before sending your order:
https://ninjatrader.com/support/helpGuides/nt8/getcurrentask.htm
https://ninjatrader.com/support/helpGuides/nt8/getcurrentbid.htm

Just make sure when you cover your buy or sell position you can do it safely using these methods.

Here is a screen capture of a code snippet i use for placing a buy stop or sell stop safely:

thank you so much for your help
amazing

Mohamed

Need help on NinjaTrader 8 Strategy issue with HalfTrend indicator

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Need help on NinjaTrader 8 Strategy issue with HalfTrend indicator