Default Exit?

[momentom]

I am running a chart using an “improved” renko bar that I obtained from BigMikeTrading.com. against this bar type I am running a strategy I created in Strategy Wizard.

I am doing Optimization.

One of the drop downs in the OPTIMIZER under HISTORICAL FILL PROCESSING is FILL TYPE.

The DATA SERIES TYPE is the improved renko and under the FILL TYPE I have chosen DEFAULT for one run and IMPROVED RENKO for a second run of the optimizer.

I get vastly different results.

Can anyone please tell me how the Ninja OPTIMISER treats each of these different fill types, particularly theDEFAULT.

Thanks

[NinjaTrader_AdamP]

momentom,

I believe you submitted a ticket to us with the same question, and I have responded. Please let me know if you have any other questions.

The two system fill algorithms are:

Default
An algorithm that takes a conservative and more realistic approach to filling limit and stop limit orders.
• Limit orders only fill if the limit price was penetrated
• Limit orders are always filled at the limit price specified never better (for example, if a limit order is submitted on bar n, NinjaTrader will check if the order is filled on bar n+1, if this bar gaps down and the limit order was a buy, the order would be filled at the limit price and NOT the high of bar n+1)

Liberal
An algorithm that takes a liberal approach to filling limit and stop limit orders.
• Limit orders fill if the limit price was touched
• On gap down bars, buy limit orders will fill at the high of the gap down bar
• On gap up bars, sell limit orders will fill at the low of the gap up bar