Announcement

Collapse

Looking for a User App or Add-On built by the NinjaTrader community?

Visit NinjaTrader EcoSystem and our free User App Share!

Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less

Partner 728x90

Collapse

is NinjaTrader handling fast order replacements ?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    is NinjaTrader handling fast order replacements ?

    If I write a strategy that trails the stop, I might get a very fast change of the stop level, and NinjaTrader will keep updating the stop level I guess trying to adjust the open stop loss order at every bar. Is NinjaTrader designed to have the order on the stock exchange track the trailing stop strategy with a good approximation without going crazy and out of synch.
    Is the managed method better than the unmanaged or the atm in this regard?
    Thank you in advance for the clarification.
    G

    #2
    Hi giogio1, thanks for your post.

    If the order is real with a broker then the stop will be updated at the broker's end. NT will not get out of sync because it waits for a confirmation callback from the broker. Managed approach strategies and ATM strategies will work the same way. There is one type of order that will not show up on the broker's end until a certain volume threshold is met, the simulated stop order.

    Please let me know if I can help any further.
    Chris L.NinjaTrader Customer Service

    Comment


      #3
      NinjaTrader never stops to amaze me. It just well done, and all these topics seem to be addressed upfront relieving us from extra work. Also the simulated stop order. is clear.
      I will go with managed or ATM for now.
      Would the un-managed approach strategies require us to handle the potential synching issue or is also somehow addressed by NinjaTrader?

      Comment


        #4
        Hi giogio1, thanks for your reply.

        No, there's no synchronization required. You can track the status of your order with OnOrderUpdate or OnExecutionUpdate. Here is a sample script that uses both.

        Kind regards.
        Chris L.NinjaTrader Customer Service

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by algospoke, Yesterday, 06:40 PM
        2 responses
        23 views
        0 likes
        Last Post algospoke  
        Started by ghoul, Today, 06:02 PM
        3 responses
        15 views
        0 likes
        Last Post NinjaTrader_Manfred  
        Started by jeronymite, 04-12-2024, 04:26 PM
        3 responses
        45 views
        0 likes
        Last Post jeronymite  
        Started by Barry Milan, Yesterday, 10:35 PM
        7 responses
        22 views
        0 likes
        Last Post NinjaTrader_Manfred  
        Started by AttiM, 02-14-2024, 05:20 PM
        10 responses
        181 views
        0 likes
        Last Post jeronymite  
        Working...
        X