Virtual Limit Order

[Sorcerysoft]

I have developed a trading strategy in Wealth-Lab 4.0 that generates Limit Orders for the next day. The amount of limit orders varies.

I want to use Ninja Trader to execute these trades on my ameritrade account.

My system may generate 50+ Limit Orders, but I can not place these Limit Orders because they total more than my buying power. I need to develop a "Virtual Limit Order" trading system in NT. The system will monitor these 50+ stocks, then place a "Buy at Market" when they reach the "Virtual Limit" value.

Has anyone had done something similar to this?

Does NT have native support for a "Virtual Limit Order" type of feature?

Thanks!

[NinjaTrader_Ben]

Hello,


This is possible through custom coding. You will ultimately want to use EnterLong() or EnterShort() to submit your market order. You will need to track your virtual limits with variables by hand.

I recommend contacting one of our 3rd party NinjaScript consultants here:

http://www.ninjatrader.com/webnew/partners_onlinetrading_NinjaScript.htm