Stop to enter a trade.

[NinjaTrader_Bertrand]

Troy, a StopMarket order would be filled at the next available price after the trigger activated it, so you must have been using a combination of simulated negative StopLimit order here to place the stop order and then be filled at an improved price at the bid (on longs) -

http://www.ninjatrader.com/support/movies/nt7/helpGuide/operations/orderEntry/superDOM/simulatedStop/Simulated-Stop.htm

[TroyEarth]

Hi,

Its probably a simle thing but please let me know how.


Thanks,
Troy

[TroyEarth]

I click on the middle button and place the stop order. I have changed the setting for middle mouse button to "Stop Market" = True. Not sure how to check whether I was trading with negativ stop limit or how to change it so that I buy stop bid and sell stop offer...


Troy

[NinjaTrader_Bertrand]

One more thing. It seems it is placing stop offer to buy and stop bid to sell. How can i change this so that it is stop bid to buy and stop offer to sell?


Thanks in advance,
Troy

Yes, that would be expected for StopMarket orders, they would be triggered by the Ask for a buy and vice versa for a sell.

Could it be you were trading with negative stop limit orders before? So the as the stop activates the order you join the bid or example?

[TroyEarth]

One more thing. It seems it is placing stop offer to buy and stop bid to sell. How can i change this so that it is stop bid to buy and stop offer to sell?


Thanks in advance,
Troy

[TroyEarth]

Great thanks Bertrand.

[NinjaTrader_Bertrand]

Troy, you can set this up in your SuperDOM properties (just a right click on DOM to access those), there's a setting called 'Middle Mouse button is stop market' - in your case you want that to be set to 'true'.

Then on a middle mouse click you can place StopMarket orders on your SuperDOM.

[TroyEarth]

Hi,

I jumped on the live ninjatrader yesterday in order to use Super DOM breakeven and trailing stop strategies in my trading. However I have had a few challenges. I normally use stop bid and offer to enter trades and not stop limit, what order type do I need to use in order for my trades to be filled as a stop bid and stop offer please?


Thanks in advance,
Troy