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Zero Volume Trigger for SS Order?

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    Zero Volume Trigger for SS Order?

    Simulated order volume trigger
    Sets the value for a simulated order volume trigger (for entry and exit orders and NOT used for stop loss)

    What does the default zero value in the Chart Trader Properties mean? In my trading using entry and exit SS limit orders manually in the simulator, the zero is acting like infinite volume. Is this correct? Once the limit order is triggered, does it behave with the intelligent fill algoritm for simulated and repaly data as well as live? Does the replay data need to contain L2 for the Volume trigger to work correctly? Does the replay data need the L2 data to correctly simulate the proper limit order intelligent behaviour?

    #2
    Hello YanCanCook,

    Yes, a value of zero here means that the volume trigger is not active. Orders are submitted to the broker or exchange without having to meet volume requirements.

    Simulated stop applies to stop orders only. Limit orders can not be simulated.

    L1 includes the best bid / ask price / volume. Level II data is not needed for the simulator fill engine or the simulated volume stop.
    Last edited by NinjaTrader_RyanM1; 11-10-2010, 11:40 AM.
    Ryan M.NinjaTrader Customer Service

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      #3
      Clarify your answer please

      [QUOTE=NinjaTrader_RyanM;203557]Hello YanCanCook,
      Yes, a value of zero here means that the simulated stop is not active. Orders are submitted to the broker or exchange.

      Ryan,
      A value of zero for the volume cannot mean SS is not used. I am using SS with volume 0 and it works. I am using buy and sell stop limit orders with negative offset on limit price to improve my entry with on chart trader. Just putting a negative value for limit offset on my chart trader properties window automatically makes all my stop limits to be SS limits.

      The 0 must mean either don't consider volume or use infinite volume for SS orders. Please confirm this.
      Thanks!

      Comment


        #4
        Correct - a value of zero means that the volume trigger is not used. (Value of zero is disabled)
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        Ryan M.NinjaTrader Customer Service

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