how trade entries work with script?

[jitterbug]

when I place a trade strategy involving loss and profit targets via ninjascript, and my entry order is executed, do my stop loss and exit targets get placed at the relevant market making exchange or server, ecn, for forex?

I didn't want my stop loss sitting on my computer without being placed in the market once my entry is executed...or is the stop loss only sent to market when its price is sold/reached?

Do these stop loss orders get converted to "at market orders" when they are triggered?

[NinjaTrader_Jason]

Hello jitterbug,

Yes, the stop loss and profit target orders are submitted to the broker/exchange once your entry order fills. Once orders receive a Working or Accepted status, they reside at the broker/exchange and will execute as per market dynamics. You can check the order status in the Control Center-->Orders-tab, State column.

Yes, if the stop loss order is submitted as stop market order, it will trigger a market order. If submitted as stop limit order, it will trigger a limit order at the limit price. You can see the limit price in the Control Center-->Orders-tab as well (Limit column).

[jitterbug]

Thankyou !