Middle + Left mouse button annoyance in SuperDOM

[Zapzap]

This is not a bug, but something that could be fixed while NT's next release is still in beta.

The SuperDOM is a great tool for manual traders which makes order-handling very easy. It has only one flaw, which -on the other hand -makes it difficult to use it in faster markets:

You have two type of clicks for different entrytypes: middle-mouse for stops, and left-mouse for limits.

Since you can only put stops in advance the price, and limits behind it, it is hard to understand why NT has choosen the design that is used now.

Tradestation for example went for the easy solution: you can put on an order by left clicking only: if it is ahead of price, it is a stop order, if it is behind the price, it is a limit order. This way, you always get an order sent (that is a chance to be filled).

Whereas with NT if you middleclick between eg. bid and ask: you get an error window (which you have to click again to disappear) instead of an order on that level. So you need to know where the bid and ask is, and choose your clicking accordingly. If market was a bit faster than you were, you don't get another chance, although price usually goes back and forth on that same level. You cannot go for leftclicking only, because if you click ahead of price, you get filled instantly by a market order. This way I missed 3 trades today, which could have been filled if SuperDOM had been just a little more intelligent.

So sum it up: it would be great, that by clicking on a level in SuperDOM, an order ON THAT EXACT LEVEL would always be sent to the broker (either stoplimit/stopmarket or limit, which is kindof technical and irrelevant for the trader. The only thing that counts, is the clicked price level)

I don't know how many traders have come across this issue, but I guess there should be many of us, as NT is mostly used by low-margin futures brokers, who encourage fast trading.

I know it is a major design decision, but I needed to write about it and I hope someone hears me...

Thanks in advance

[NinjaTrader_Brett]

Zap,

I will submit this to development. However, I believe that this was designed this way to specifically give you the control over what order types are used when so that you the trader knows exactly whats going on with your orders. The method of left clicking for limit orders and middle clicking for market orders is something that allows you to submit your orders quickly without have to right click to specify your order type and slow you down.

This is something that may just take a little bit getting used to if you are switching from another platform until you get used to the "NinjaTrader Way".

I will let development know of your recommendation however as we do compile these in an effort to improve our software!

Thank You.

[Zapzap]

Thank you for your response.
I know it was designed with what you wrote in mind. I've been using NT for more than 2 years now, and I've always had problems with this.

You wrote:
"The method of left clicking for limit orders and middle clicking for market orders is something that allows you to submit your orders quickly without have to right click to specify your order type and slow you down."

I would reflect to this: in my opinion, you shouldn't be able to send market orders, by clicking on specified, exact levels. There is a separate button for this below the price grid.

I can rephrase my concern a bit with the above in mind:

Currently by left clicking on a specified exact price level:
-behind the price you get a limit order on that specific price level. (this is all right)
-in advance the price (below sell, above buy) you get instantly filled (by a market order) where the price currently is, and not on specified price level. (this is not right: you clicked on an exact level, still you get filled somewhere completely else. To avoid this, you need to middle-click that level, but you can get invalid stop level if you are not fast enough). Why are there price level grids then?

So although you click on a specified level, you can get an order on a different level. This way this " so that you the trader knows exactly whats going on with your orders." is not true. You don't have full control on the price level of your trades.

What is logical IMHO: if you click on eg.: 640.2, you mustn't be filled anywhere else, but on 640.2. (+/- preset limit level). Counterinuitevely you need to use two different buttons to achieve this basic thing right now.

[NinjaTrader_Brett]

Hello,

Understood, I have sent this forum thread to development and we compile this information to make NinjaTrader a better product. Thank you for your interest in making NinjaTrader a better product!