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Trailing stops, PT´s and computer restart
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Trailing stops, PT´s and computer restart
What happens when you are using a trailing a stop loss with profit target and you close down your PC? Open restarting your PC and NT will the trailing strategy pick up the new market data and readjust the new stop and replace the profit target?Tags: None
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Hi,
In this case your stop would stay where it is at according to when NinjaTrader was shut down, as with the trailing stop NinjaTrader sends messages to your broker to adjust the stop. In case of a major swing your order would be stopped out at the stop where NinjaTrader shutdown. In the event that you restart NinjaTrader we advise the customer to contact their broker to manage the position when NinjaTrader is shut down unexpectedly.MichaelNinjaTrader Customer Service
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what if the computer was just in sleep/standby mode? would the atm strategy continue to function?Originally posted by NinjaTrader_Michael View PostHi,
In this case your stop would stay where it is at according to when NinjaTrader was shut down, as with the trailing stop NinjaTrader sends messages to your broker to adjust the stop. In case of a major swing your order would be stopped out at the stop where NinjaTrader shutdown. In the event that you restart NinjaTrader we advise the customer to contact their broker to manage the position when NinjaTrader is shut down unexpectedly.
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thanx, but let me make sure here....if i have an atm strategy to trail my trade...then that is different that just an oco order with just a sl and tp.... so even with ib, an atm strategy to trail my trade would only work if the pc was on, right?Originally posted by NinjaTrader_Vincent View PostYou are correct in understanding.
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