Does Ninja support update (trailing )stop every bar ?

[joesan]

Tradestation trailing stops are sent until triggered on local PC.

Does Ninja support update trailing stop every bar on the broker's server ( I use IB ) and if so, what software should be used together with Ninja to generate the signal, if tradestation does not support this ?

[NinjaTrader_Ray]

NinjaTrader supports trailing stops that are held at the exchange or broker. What are you trying to do? Do you have a TS system that you want to automate?

[joesan]

Yes, I want to automate tradestation signals. But I heard tradestaion only send the trailing stop orders when it is triggered on local PC. But I want to update the order on the broker's server everybar.



What should I do ?

[NinjaTrader_Ray]

Are you familiar with EasyLanguage programming?

Ray

[joesan]

Not really. But this exitstrategy is rather simple, sell when the price drop 4atr from the highest price since entry on a M1 chart. this atr value is always changing, so need to updatethe trailing stop ordereverybar. I can manually update the stop order through IB, but obviously it is very inconvenient. I want to know if it is possible to do it automatically with an automation software.

[NinjaTrader_Ray]

This will be possible with NT in the next few months.

[joesan]

I see.

I was advised InvesterRT+Autotrader / InvestorRT+Ninjatrader combinations can do this job now, but since Ninja has charting & customer indicators capability now, It would be convenient tofind a solution in just one software.

[NinjaTrader_Ray]

Yes they can. Sorry, I thought you meant natively inside NinjaTrader.

Ray

[joesan]

Oh yes I meant native inside ninjatrader. Then one can save a lot time studying and adjusting to another software and is more cost effective

[NinjaTrader_Ray]

Not supported inside NT, need IRT if you want to drive stop order automation bar by bar.