change order type for the same order

binwang2 · 09-09-2009, 01:51 PM

Hello NT experts,

I will use stop order as the example.

Suppose I start with stop order stopOrder1 = ExitLongStop(...). When certain conditions are met, I change it to market order stopOrder1 = ExitLong(...). Will the stopOrder1 be replaced by market order automatically? Or do I end up with 2 orders?

Any comments are welcome.

Regards,

NinjaTrader_Josh · 09-09-2009, 02:05 PM

You will end up with two orders. Just because you set something else to the IOrder does not remove the first order. All that happens is now you have lost all references back to the original stop order. If you wanted to replace the order you will need to first cancel it and then send the new one when cancel confirmation is received.

09-09-2009, 01:51 PM	#1
binwang2 Senior Member Join Date: Jan 2009 Posts: 216 Thanks: 0 Thanked 1 time in 1 post	change order type for the same order Hello NT experts, I will use stop order as the example. Suppose I start with stop order stopOrder1 = ExitLongStop(...). When certain conditions are met, I change it to market order stopOrder1 = ExitLong(...). Will the stopOrder1 be replaced by market order automatically? Or do I end up with 2 orders? Any comments are welcome. Regards,
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09-09-2009, 02:05 PM	#2
NinjaTrader_Josh NinjaTrader Product Manager Join Date: May 2007 Location: Denver, CO Posts: 17,458 Thanks: 1 Thanked 107 times in 70 posts	You will end up with two orders. Just because you set something else to the IOrder does not remove the first order. All that happens is now you have lost all references back to the original stop order. If you wanted to replace the order you will need to first cancel it and then send the new one when cancel confirmation is received. Josh NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
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