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Order price is outside bands

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    Order price is outside bands

    Hi,
    I have a strategy I created that uses an ATM strategy off of the DOM and when it places the orders I get the error below. I have looked on Ninja’s forum and they say to enable (true) the “Use Stop Market for Stop Loss Orders”. I changed that and I’m still getting the error. Is there a resolution for this error? I realize it was from a change the CME made but it has rendered my strategy useless. Excerpt from Log file is attached......

    Thanks
    Attached Files

    #2
    Hello mlarocco,

    Thanks for your post.

    This is the correct steps for manually placing ATM orders to this instrument however with automated strategies this setting can not be adjusted.
    This is a limitation which I had verified with development and they are taking into consideration the ability to adjust this setting with automated strategies.
    Unfortunately at this time you would not be able to use an automated strategy that uses an ATM Strategy with this instrument.
    The feature request ID number for this is ID# 1218.

    Comment


      #3
      Thanks for the update. Where can I track the feature requests?

      Comment


        #4
        Hello mlarocco,

        Thanks for your reply.

        Most changes are being taken into consideration for NinjaTrader 8 however checking the release notes would be the best way to see if a feature has been added. Unfortunately there is not much information available until it is released.

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          #5
          One more question. If I change the strategy to place trade directly from the strategy (EnterLongLimit, SetStopLoss, etc) will I still have the problem? Not my first choice but if it will get around the issue, I'll change it.

          Thanks again

          Comment


            #6
            Hello mlarocco,

            Thanks for your reply.

            Yes, if you have orders placed from the strategy that will work so long as the stop loss order is a stop market order.

            Comment


              #7
              Sorry for not knowing this but is a "SetStopLoss" a stop market order?

              Comment


                #8
                Hello mlarocco,

                Thanks for your reply.

                I have checked with one of my NinjaScript representatives and they verified that will place a stop market order and work for you.

                Comment


                  #9
                  Great.... thanks. One last thing, do you know if there is a way to add the "Chase" feature of the ATM strategy to a non-ATM strategy? I was using the Chase Limit on the ATM but don't know how to do it without using the ATM.

                  Comment


                    #10
                    Hello mlarocco,

                    Thanks for your reply.

                    There is not a Chase NinjaScript code. You would need to manually code any moves.

                    Comment

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