ENtry stop order

[Kamala]

Please could you explain if a stop order used for an entry is trigered on the current bar or on the next bar.
Also programing a strategy I do not see the difference between a market if touch order and a stop order
Thank you very much

[NinjaTrader_PatrickH]

Hello Kamala,

Thank you for your post.

Order are submitted on the close of the bar when processing over historical data or when you run the strategy with the CalculateOnBarClose option set to True. If you set CalculateOnBarClose to False then the strategy will calculate intra-bar on real-time data and therefore submit any orders in real-time as intra-bar as well.

Stop Market orders will trigger when the price meets them and then they become a Market Order.
Market If Touch are orders that become market when the price touches them.
A Sell Stop Market Order must be submitted below the current price and a Sell Market If Touch order must be submitted above the current price. Vice Versa for Buy orders.

Please let me know if you have any questions.

[Kamala]

Thank you for your reply
Please could you tell me where do I set it to true or false?
Thanks a lot

[NinjaTrader_PatrickH]

Hello Kamala,

Thank you for your response.

CalculateOnBarClose is used in NinjaTrader 7 and Calculate is used in NinjaTrader 8. You can find details on both at the following links.

CalculateOnBarClose: https://ninjatrader.com/support/help...onbarclose.htm
Calculate: https://ninjatrader.com/support/help.../calculate.htm

Please let me know if you have any questions.