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mrlogik · 04-20-2009, 07:12 AM

Hi guys,

My question pertains to a "stop and reverse" type order.

Assume the current market position is LONG for 2 lots.

Now, my strategy submits an EnterShortStop command for 2 lots. How does NT execute this?

Does it;
1. Does NT first submit a sell order to exit the 2 lots, then another sell order to go short 2 lots.
2. Does NT submit a sell for 4 lots so the overall position is short 2 lots?

Thanks for your help.

NinjaTrader_Josh · 04-20-2009, 07:25 AM

It does #1 because it is needed to mark one order as sell and one as sell short.

mrlogik · 04-20-2009, 07:28 AM

Okay.

Thanks Josh.

04-20-2009, 07:12 AM	#1
mrlogik Certified NinjaScript Consultant Join Date: Sep 2006 Location: New York, USA Posts: 774 Thanks: 1 Thanked 7 times in 5 posts	Stop & Reverse Order Flow Hi guys, My question pertains to a "stop and reverse" type order. Assume the current market position is LONG for 2 lots. Now, my strategy submits an EnterShortStop command for 2 lots. How does NT execute this? Does it; 1. Does NT first submit a sell order to exit the 2 lots, then another sell order to go short 2 lots. 2. Does NT submit a sell for 4 lots so the overall position is short 2 lots? Thanks for your help. "You look closely enough, you can find everything has a ... weak spot where it can break, sooner or later" PureLogikTrading Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
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04-20-2009, 07:25 AM	#2
NinjaTrader_Josh NinjaTrader Product Manager Join Date: May 2007 Location: Denver, CO Posts: 17,458 Thanks: 1 Thanked 107 times in 70 posts	It does #1 because it is needed to mark one order as sell and one as sell short. Josh NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
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04-20-2009, 07:28 AM	#3
mrlogik Certified NinjaScript Consultant Join Date: Sep 2006 Location: New York, USA Posts: 774 Thanks: 1 Thanked 7 times in 5 posts	Okay. Thanks Josh. "You look closely enough, you can find everything has a ... weak spot where it can break, sooner or later" PureLogikTrading Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
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