I have Tradestation and an IB account that I've set up with NT to place trades using the email interface. I also have a strategy that I'm now testing live and have noticed a problem that needs to be resolved. The strategy has a very simple buy rule:
If...and close crosses below...
then buy n contracts next bar at open limit;
This however is giving me a problem that I'm not sure how to resolve. In TS the entry limit price is the Open price of the new bar. However in NT the limit price is pulled from the prior bar's Open price. Given that this is a mean reversion strategy this essentially works like a market order. However, I would like the limit entry price to be Open price of the new bar.
Addendum: Order handling is set to "Submit and forget", and my profit and stop loss orders are doing as expected.
Any ideas how to make this work?
Any help with this will be greatly appreciated.
Thank you
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