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Old 03-02-2009, 12:38 PM   #1
tomace
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Default Does NT simulator place orders at the Close of current bar, or Open of next bar?

Hi,

I had a quick question: If I have a strategy that is CalculateOnBarClose = true, and I have the trade simulator placing orders, does NT place the orders at the close price of the current bar or the open price of the next bar?

Visually, the chart graphs the trade at the next bar after the trade signal.

Can anyone clarify that for me?

Thanks again!
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Old 03-02-2009, 12:43 PM   #2
NinjaTrader_Josh
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Open of the next bar is the traded spot. When you have the close price that bar is already closed and the earliest tradeable location is the open of the next bar.
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