Mbtrading question

[Duval]

Hi,
i plan to use ninjatrader with MBtrading to place forex trades.

Some questions:

1) Can I specify limit price down to the pip level ? For example, on EURUSD the pip is 0,00001 .

2) Can Ninjatrader support micro forex lots of 1000 units ? (typically 0.1 standard forex lot).

3) If I place order from super dom, with a custom strategy... can I then send only a profit target order from the atm strategy, without sending simultaneously a stop loss order ?

4) Is it possible to have the profit target order from atm, be LIMIT order (instead of stop) sent for real to MBtrading server, and not order held by ninjatrader ?

Thanks,
Duval

[NinjaTrader_RJ]

Hello Duval,

Thank you for your post.

1.) Yes, as long as this is the minimum tick movement for that instrument.

2.) Yes. You can enter the quantity as .01M (10,000).

3.) Unfortunately this is not supported. A stop must be entered on an ATM Strategy.

4.) All ATM targets are already limit orders.

[Duval]

Thanks for your answer.

1. Mbtrading quotes as tenth of pips so I guess its ok.

2. 0.1 is 1000 units, not 10000, still ok ?

4. Ok, but are the limit orders sent from atm held on ninjatrader, or directly sent to mbtrading servers ?

[NinjaTrader_RJ]

Thanks for your answer.

1. Mbtrading quotes as tenth of pips so I guess its ok.

2. 0.1 is 1000 units, not 10000, still ok ?

4. Ok, but are the limit orders sent from atm held on ninjatrader, or directly sent to mbtrading servers ?

For 1 and 2, I suggest to test with a limit order far enough away from the last traded price to not get filled. Then see what shows up on MBT's side.

4.) Please see this link for where your orders reside: http://www.ninjatrader-support2.com/...ead.php?t=5349