Real Trailling Stop

[The Alchimix]

Hi,
I need some help guys.
When i send a trailling stop from NT to tws, i get a STP order in tws.
IB offer real trailling stop orders hosted on their side.
I need to use this kind of trailling stop, and not a Stop order trailled by NT.
During NFP and other news i get overfilled error....
Seems it is not possible? Did i missed something
If someone have an answer, it would be nice.
Alchi

[NinjaTrader_Brett]

Hello,


Thank you for your note.


Unfortunately NinjaTrader would not have any methods to use this special order type in IB and would not be supported. Only supported stop order auto trail would be the ATM Strategies in NinjaTrader.

Also, Over-Fills would not occur based on stop order type. An Overfills is a serious issue that can occur when using complex entry conditions that bracket the market in both directions end up with both entries being filled instead of one being cancelled. Over-Fills can also occur when you place a trade quickly hoping to close a position while a prior order to close the same position already had an in-flight execution. The exact scenarios in which an over-fill can occur is highly dependent on the specific strategy programming. By default, NinjaTrader will protect against over-fills even though you are using the Unmanaged approach by halting the strategy, but should you decide to custom program your own over-fill handling it is up to you to either prevent over-fills from being a possibility in your code or by introducing logic to address over-fills should one occur.


Let me know if I can be of further assistance.

[The Alchimix]

Thanks for your answer.
This is a very sad news as my average time in market is few seconds.
Will this feature be added to a futur NT release ?
Alchi.

[NinjaTrader_Brett]

Hello,

I will submit this to development to look into and put on their list to consider.

However there is no ETA I could provide on if or when this will be added.

Let me know if I can be of further assistance.

[The Alchimix]

Thanks to think seriuously about adding this possibility.
It won't make NT a HFT platform but it could interest many scalpers.
It is the same for your strategy analyzer, it was clearly created to analyze trades on a daily basis. With many intraday trades those tools for backtest are not so accurate.

Alchi