• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Auto Center and Trailing Stop Price Trigger

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

    Auto Center and Trailing Stop Price Trigger

    I would prefer to see auto center activate when the outside bid or ask price hits thebottom/top price level, instead of the being pegged to the last price (if cumulative market depth is selected, peg it to this level).

    By doing this, market depth field of vision is never interrupted.

    Also, it seems that when 'use last price for auto trail and auto breakeven' is deselected, the inside asked price is used to trigger trailing sell stop in rising market, and the inside bid price is used to trigger trailing buy stop in declining market. Shouldn't it be the other way around?

    Thanks.

    #2
    imported post

    Thanks for suggestion. Uses bid when long, ask when short.
    RayNinjaTrader Customer Service

    Comment


      #3
      imported post

      Nope. Ran it a dozen times last night in sim and again this morning with real data. After going long with multiple targets and one two-step trailing stop, each trail level is activated when the inside asked quantity rises to meet the target price.

      Comment


        #4
        imported post

        Based on your note, I ran a quick test for verificationwithin our development environment to see what price is being used and without a doubt:

        Bid will trigger trail when long
        Ask will trigger trail when short

        Ray
        RayNinjaTrader Customer Service

        Comment


          #5
          imported post

          My apologies, you are correct. I recorded a trade, and played it back frame by frame. The reason for my assumptionwas that sometimes the price moves up before the asked price, giving the illusion of the bid being used.

          Comment

          Latest Posts

          Collapse

          Topics Statistics Last Post
          Started by pjsmith, Today, 01:13 AM
          0 responses
          1 view
          0 likes
          Last Post pjsmith
          by pjsmith
           
          Started by yukashg, Yesterday, 09:56 PM
          1 response
          11 views
          0 likes
          Last Post NinjaTrader_ChrisSch  
          Started by cutzpr, Yesterday, 09:19 PM
          0 responses
          6 views
          0 likes
          Last Post cutzpr
          by cutzpr
           
          Started by nestorjt23, Yesterday, 08:55 PM
          3 responses
          19 views
          0 likes
          Last Post NinjaTrader_EricB  
          Started by 7robert, Yesterday, 08:30 PM
          1 response
          12 views
          0 likes
          Last Post 7robert
          by 7robert
           
          Working...
          X