StopLoss executed immediately!

[svlad1983]

Hi,

I'm having a very simple scalping strategy and on signal I execute the following code:

EnterShort(Lot,"LNG");
							SetProfitTarget("LNG", CalculationMode.Ticks, TakeProfit*TickSize);
							SetStopLoss("LNG", CalculationMode.Ticks, StopLoss*TickSize, true);

But when I try to execute this code in Backtesting basically After order is entered it exits right away, like stoploss is 0.

Here is the trace:

7/8/2011 2:29:47 PM Entered internal PlaceOrder() method at 7/8/2011 2:29:47 PM: BarsInProgress=1 Action=Buy OrderType=Market Quantity=1 LimitPrice=0 StopPrice=0 SignalName='SHRT' FromEntrySignal=''
7/8/2011 2:29:47 PM Entered internal SetStopTarget() method: Type=Target FromEntrySignal='SHRT' Mode=Ticks Value=0.0002 Currency=0 Simulated=False
7/8/2011 2:29:47 PM Entered internal SetStopTarget() method: Type=Stop FromEntrySignal='SHRT' Mode=Ticks Value=0.0004 Currency=0 Simulated=True
7/8/2011 2:29:47 PM Cancelled pending exit order, since associated position is closed: Order='NT-00002/Backtest' Name='Profit target' State=Working Instrument='6E 09-11' Action=Sell Limit price=1.4219 Stop price=0 Quantity=1 Strategy='Scalper' Type=Limit Tif=Gtc Oco='NT-00000-454' Filled=0 Fill price=0 Token='9a318e0d13624113b97b6b85c9bb479a' Gtd='12/1/2099 12:00:00 AM'
7/8/2011 2:29:47 PM Cancelled OCO paired order: BarsInProgress=0: Order='NT-00002/Backtest' Name='Profit target' State=Cancelled Instrument='6E 09-11' Action=Sell Limit price=1.4219 Stop price=0 Quantity=1 Strategy='Scalper' Type=Limit Tif=Gtc Oco='NT-00000-454' Filled=0 Fill price=0 Token='9a318e0d13624113b97b6b85c9bb479a' Gtd='12/1/2099 12:00:00 AM'
7/8/2011 2:30:00 PM Entered internal PlaceOrder() method at 7/8/2011 2:30:00 PM: BarsInProgress=1 Action=SellShort OrderType=Market Quantity=1 LimitPrice=0 StopPrice=0 SignalName='LNG' FromEntrySignal=''
7/8/2011 2:30:00 PM Entered internal SetStopTarget() method: Type=Target FromEntrySignal='LNG' Mode=Ticks Value=0.0002 Currency=0 Simulated=False
7/8/2011 2:30:00 PM Entered internal SetStopTarget() method: Type=Stop FromEntrySignal='LNG' Mode=Ticks Value=0.0004 Currency=0 Simulated=True
7/8/2011 2:30:00 PM Cancelled pending exit order, since associated position is closed: Order='NT-00005/Backtest' Name='Profit target' State=Working Instrument='6E 09-11' Action=BuyToCover Limit price=1.4229 Stop price=0 Quantity=1 Strategy='Scalper' Type=Limit Tif=Gtc Oco='NT-00002-454' Filled=0 Fill price=0 Token='ce2a098eb5d547728e0037ad1b784226' Gtd='12/1/2099 12:00:00 AM'
7/8/2011 2:30:00 PM Cancelled OCO paired order: BarsInProgress=0: Order='NT-00005/Backtest' Name='Profit target' State=Cancelled Instrument='6E 09-11' Action=BuyToCover Limit price=1.4229 Stop price=0 Quantity=1 Strategy='Scalper' Type=Limit Tif=Gtc Oco='NT-00002-454' Filled=0 Fill price=0 Token='ce2a098eb5d547728e0037ad1b784226' Gtd='12/1/2099 12:00:00 AM'


Anyone could help me please?

[NinjaTrader_Austin]

svlad, what values are you using for TakeProfit and StopLoss?

[svlad1983]

Takeprofit - 2 and stoploss - 4. you can see it from traces.
but it closes exactly at opening price, so Profit is always 0

[NinjaTrader_Austin]

Thanks, svlad. What sort of timeframe are you running this on? If an order is filled in the backtester and the bar is taller than the stop/target, the stop/target will be executed immediately on that bar.

[svlad1983]

Im running this on 1Tick bars as the main DataSeries, so it shouldnt give this problem.

do you have any other ideas?

[NinjaTrader_Bertrand]

Do you set those stoplosses and targets from the Initialize() or OnBarUpdate()?

If OnBarUpdate() please try setting them before executing your entry and then recheck.