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Profit target discrepancy

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    Profit target discrepancy

    Please see attached image.

    While the chart shows a 22 tick profit, NT's Control Center shows a 16 tick profit.

    In the chart NT exited at 90.15, in the Control Center at 90.21

    How come there is a discrepancy of 6 ticks when both calculations are done by NT?

    sandman
    Attached Files

    #2
    Hello sandman,

    What is in the Avg Price column in the Control Center?
    (This will be the fill price of the order. Currently you are showing the limit submission price in the screenshot.)

    May we have a screesnshot with the Avg Price column showing in the Orders tab of the Control Center?
    Chelsea B.NinjaTrader Customer Service

    Comment


      #3
      Hi Chelsea.

      Ah! and Hm? Average price shows fill at 90.15 so 22 ticks. See attached screenshot.

      My profit target had been placed by the strategy at 16 ticks, so 90.21. But price moved rather rapidly so I assume it was not filled there but only 6 ticks later at 90.15. Is that a correct understanding?

      sandman
      Attached Files

      Comment


        #4
        Hi sandman,

        A buy limit that is placed above the market price will fill at the market price as the market price will be a better price.

        A buy limit that is placed below the market price will rest until the market price comes down far enough for the limit to fill.

        Below is a publicly available link to Investopedia on Buy Limit.
        http://www.investopedia.com/terms/b/buy-limit-order.asp
        Chelsea B.NinjaTrader Customer Service

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