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Here or There

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    Here or There

    I am using Ninja Trader V7 with Zenfire and Dorman clearing. I use only the
    chart trader. I generally trade the YM futures.

    If I use an ATM strategy with only one set of OCO orders, say with one sell limit at +20
    and one sell stop at -20, and say the buy order executes I understand that the OCO
    order (+20 and -20) only exists on my computer.

    Suppose I manually enter a sell stop order at -25, not related to any ATM strategy.

    Will this sell stop order at -25 exist only with my computer or will it reside at a broker's
    server??

    Thanks in advance. H. Hampton.

    #2
    Hello dathogg,

    This order should be at the exchange or on the Zen-Fire servers. Please make sure you do not have OCO order enabled when you place the order.

    If the order is not an OCO order, then when it is in a state "Accepted" or "Working" it is at the exchange. If the exchange does not support a specific order type, the order will be active on the Zen-Fire servers.
    OCO (One Cancels Other) functionality is simulated on your local PC.

    For other providers please see the link below.

    http://www.ninjatrader.com/support/forum/showthread.php?p=27076#post27076
    Christopher S.NinjaTrader Customer Service

    Comment


      #3
      "Please make sure you do not have OCO order enabled when you place the order."

      Where do I check for the OCO order enabled?

      This must mean the OCO box that appears with a right click of the mouse for the chart trader??

      Thanks

      Comment


        #4
        Hello datahogg,

        In Chart Trader, when OCO order in enabled you will see a green box with OCO inside of it under the bid and ask price.
        Also, if you right click on Chart Trader and if there is a check next to OCO Order, then the function is enabled.

        You can disable/enable OCO order by right clicking on Chart Trader and selecting OCO Order.
        Christopher S.NinjaTrader Customer Service

        Comment


          #5
          Thanks.

          Comment

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