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#1 |
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Junior Member
Join Date: Aug 2009
Posts: 26
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What is the best way to input these orders? I need to place them at the same time. I am using IB. I need to set and forget.
Buy Stop 134.40 Trail at 134.70 by 5 pips Stop Loss 134 - or - Sell Stop 132.40 Trail at 132.10 by 5 pips Stop Loss 133 Matt |
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#2 |
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NinjaTrader Customer Service
Join Date: Aug 2007
Location: Breda, Netherlands
Posts: 11,215
Thanks: 82
Thanked 332 times in 324 posts
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Hello Matt,
One of the great features of NinjaTrader is its ability to manage multiple virtual positions in the same market. This allows you to manage a long and short position in the same market simultaneously. Here is how this is accomplished:
http://www.ninjatrader-support.com/H...nStrategy.html In addition, more information regarding the Auto Trail stop strategy can be found at the following link. http://www.ninjatrader-support.com/H...AutoTrail.html
Jason
NinjaTrader Customer Service |
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#3 |
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Junior Member
Join Date: Aug 2009
Posts: 26
Thanks: 0
Thanked 0 times in 0 posts
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Im submitting stop orders away from the market. I need to know that the subsequent stoploss and take profit orders will be submitted even if I lose internet.
If I plug in the trades manually into IB then I can "attach auto stop" order to filled stop orders. Is there a way for Ninja to input that type of order into IB? |
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#4 |
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NinjaTrader Customer Service
Join Date: Aug 2007
Location: Breda, Netherlands
Posts: 11,215
Thanks: 82
Thanked 332 times in 324 posts
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Hello qtmspin,
If you lose internet, NinjaTrader will not be able to send orders at all. However, if orders you sent receive an 'Accepted' or 'Working' status, they usually reside at the broker or exchange. If you lose connection, the order would still be active and executed when its price is hit. http://www.ninjatrader-support2.com/...t=order+reside You can submit a manual stop order as stop loss to protect a open position. http://www.ninjatrader-support.com/H...ingOrders.html
Jason
NinjaTrader Customer Service |
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