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IB's stop trigger method

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    IB's stop trigger method

    In IB's platform, I can set the default trigger method of my stop orders to be based on the mid-price (mid-point of bid/ask price).

    Will this setting be reflected in NinjaTrader? For example, my strategy running in NinjaTrader place a stop loss at 1.5600. Will this stop loss be triggered based on the mid-price too?

    #2
    I believe this is the case since the order is triggered at IB and not in NT itself.
    RayNinjaTrader Customer Service

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      #3
      Suppose my strategy places a buy stop at 1.5650. Current price is 1.5600. Bid/ask goes to 1.5649/1.5651. Mid-price is 1.5650 so my buy stop is triggered at IB.

      But NinjaTrader's chart is based on bid price. So bid never goes to 1.5650.

      Will my strategy in NinjaTrader reflect that the buy stop is triggered?

      Comment


        #4
        A stop order is triggered on IB's server. If your stop is filled, IB will report this and NT will display what they report.
        RayNinjaTrader Customer Service

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          #5
          How do you know the chart in NJ using bid not midpoint if data feed from IB?

          Isn't the bid only be used when using other datafeed, such as forex's data?

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            #6
            NT feeds in the bid.

            Comment


              #7
              Is it possible to add 0.5 pip to the bid? So if coming in as 100.00, the data will show 100.005?

              Comment


                #8
                Unfortunately this is not supported.

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