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Order price is outside bands

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    Order price is outside bands

    Hello everyone,

    I've been using the same strategy for past 7 months, but today I got this error...
    what is that mean? is there anythig I can do to fix it??

    thank you so much.

    #2
    Hello juansearias,

    Thank you for your post.

    This error indicates that the offset of a stop limit order is larger than what is allowed by the exchange for that instrument. To resolve this, you will need to either tighten your stop limit offset value to be within the bands that are allowed by the exchange or use a stop market order (if this is from an ATM Strategy, the offset is preset at 20 ticks and using a stop market order for your stop loss will be the resolution). More information about price banding is publicly available and may be found at the following link;

    https://www.cmegroup.com/confluence/...+Price+Banding
    Zachary S.NinjaTrader Customer Service

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