I'm new and I'm still learning. I'm making strategies just to learn the mechanics. I had some strategies working when I was using market orders, but I want to use GDAX and avoid fees, so I want to use limit orders. I can't seem to figure out how to make this work. I don't seem to be able to make the algorythm be aware that it already has an order submitted seems to be the biggest problem, but i would love any comments on everything I'm doing wrong.
I reduced the code down to just the minimum about Limit Orders to hopefully focus the solution.
Thank you.
William Patterson
Alright, I'm pretty new as well so hopefully someone else could be of more assistance. When i'm using limit orders I generally use my own trackers since I haven't quite figured out order tracking. As far as this algorithm goes, since it's basically always going back in as soon as it gets out, if price moves too quickly the limit won't get filled, so you need to track time and give it a cancel thing, but you probably won't have this problem in a real algorithm.
Hope this helps!
Mark Allen
Thanks William, this is helpful.
I was basing my "check" on the code from the QC project "How Do I use Limit Orders" Where they had this code:
//Create the first order
if (_limitOrder == null)
But it clearly wasn't working as I implemented it.
Attaching the QC made project.
Mark Allen
Looking further at their code and a similar "How to use Stop Limit Orders" code I'm wondering if the "== null" is a one time useable equivocation and once it has been set to anything it could never be a null again. I was thinking when there was no Limit Order (a sale or purchase was made) then the variable would turn to null again.
Mark Allen
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