Limit on Open Orders

[fiddy]

https://www.interactivebrokers.com/en/index.php?f=590

Interactive brokers has the functionality to send Limit on open opens.

Is it possible to do the same orders via Ninjatrader platform ?


How would this need to be coded to achieve this outcome in a strategy?

[NinjaTrader_PatrickH]

Hello fiddy,

Thank you for your post.

There is no feature for this in NinjaTrader. However, this function could be programmed in a NinjaScript strategy that would automate the placement of the order on the open. If you would like details on NinjaScript please refer to our Educational Resources in our Help Guide at the following link: http://ninjatrader.com/support/helpG..._resources.htm

Please let me know if you have any questions.

[fiddy]

are you able to provide example of how this is done for the market open rather than after the opening the tick?

[NinjaTrader_CodyB]

Hello,
If your strategy is running as CalculateOnBarClose = false or with a secondary series, for intra bar orders you could use the following items to assist in creating logic that happens on each new bar or on each new session.

http://ninjatrader.com/support/helpGuides/nt7/firsttickofbar.htm

http://ninjatrader.com/support/helpGuides/nt7/firstbarofsession.htm

I have provided an example of how you could check the time of the open and if it is the first tick of the bar.

protected override void Initialize()
{
    CalculateOnBarClose = false;
}
if(Time[0] == ToTime(8, 0, 0))
	if(FirstTickOfBar)
		EnterLongLimit(limitPrice);