SetTrailStop

[kiss987]

Hello

When I call the SetTrailStop method using the following parameters:
SetTrailStop(CalculationMode mode, double value)
Does the order is submitted (once triggered) as a market order or a limit order?

Thanks

[NinjaTrader_ZacharyG]

Hello kiss987,

Thank you for writing in.

Trail stop orders are submitted as stop market orders.

For more information about the SetTrailStop() method, please take a look at this help guide link: https://ninjatrader.com/support/help...ttrailstop.htm

Please, let us know if we may be of further assistance.

[kiss987]

Hello

According to your documentation about the 'simulated' parameter:
"If true, will simulate the stop order and submit as market once triggered".
What happens if the value is false?

Thanks

[NinjaTrader_ZacharyG]

Hello kiss987,

Setting the bool "simulated" to true will make NinjaTrader use a Simulated Stop order which is a conditional locally held (PC simulated) order type that allows you to execute a market order once the market touches your order price. Since it is locally held there are some risks that your order may not be filled if your PC crashes or you have internet trouble.

Setting the bool to false will submit your stop loss order to the exchange.

Here is a link that goes over Simulated Stop Orders that you may view for more information.

http://ninjatrader.com/support/helpGuides/nt7/?simulated_stop_orders.htm