Hi everyone,

cannot find a way to modify the entry price for a pending order.
Do I just need to cancel the existing order and set a new one?! Would be better to modify it....

Someone can help¿?

Hi,

I see ... I recommend you the use of "Assign" block as following:
- Once your Pending block setup, create a dedicated variable for your entry price and define it as per your requirement.
- when you need to change the price of the above initial entry, insert the conditions of such update and once these conditions met, use an assign block with the new price value to be assigned to the first "Entry price". Then link the chain to the Pending entry block and the job is done !

Cheers

Ok thanks for the explanation! Will try and check this way!
Meanwhile I found a way through a multiple exec block, which will cancel the pending order before eventually re open it later if conditions are met. Seems working fine atm...

Yes what you said is another alternative:
Use Position viewer with "Pending Positions" as input and then implement a cancel / replace with the new price entry as you said

I thought would be nice to post the picture about the portion of the actual strategy.




-1-
This way, there are 3 actions done everytime the code gets a new candle:
-check if there are pending sell orders and close them
-check if there are pending buy orders and close them
-go to the next step and in case conditions are met, new orders will be executed.

-2-
I know it would cost lot of work for that, and probably the function would not be used so much since most of strategies work with direct market orders... but... having a "set entry price" there.... would have been nice

Btw, in jforex coding, the command order.setOpenPrice() ended up in canceling the actual order and creating a new one with new parameters, that's how I came to the conclusion to simply cancel it and later create a new one.
Still had no time to test the assign block but I suspect it would somehow cancel the order and create a new one since that's what actually happens when we modify an order (I mean, from the platform).

Hi there,

At the level of the code and the trading system it is indeed a Cancel / Replace command that is effectively executed. Please check the the example attached where I used an assign block to update the entry price.

Ok I see, thanks!
Considering the whole strategy concept will be better the other way, so on new candle cancel the pending order then set a new one in case conditions are met!