Vol Trigger Value

[DenMan]

I'm using a Managed Approach in my Strategy with limit orders. If I decide to trade manually using the DOM, I use a Custom Stop Strategy with the Vol Trigger set to 190. Is this DOM setting recognized by my Strategy or do I have to set this with code? If I have to set it, could you point me in the right direction?

[NinjaTrader_Bertrand]

Hi DenMan, the NinjaScript strategy would work on it's own and not respect / use any of the DOM settings. You could though call ATM strategy templates for exit management as done in our 'SampleAtmStrategy' shipped with NinjaTrader per default.

http://www.ninjatrader.com/support/helpGuides/nt7/atm_strategy_methods.htm

However you could not backtest those, it would need to be testing either via Market Replay or Realtime trading going forward.

[DenMan]

I didn't quite get my question answered, so let me try and clarify my question. I'm using a Managed Approach and was wondering how I could set the Vol Trigger with code.

[NinjaTrader_Bertrand]

You would either use the ATM Strategy template as I outlined to call this custom stop strategy for realtime trading use, or you would need to look into coding a custom vol trigger for the stop submission in your managed mode strategy.

[DenMan]

Thank you for your response. Could you let me know where to look to program a custom vol trigger, using a Managed Approach?

[NinjaTrader_Bertrand]

You could check into this link here to learn how the vol trigger works - http://www.ninjatrader.com/support/h...top_orders.htm

The market's bid / ask volume are monitored here, via NinjaScript the OnMarketData() or GetCurrentBidVolume / GetCurrentAskVolume would be suitable methods.

http://www.ninjatrader.com/support/helpGuides/nt7/onmarketdata.htm

http://www.ninjatrader.com/support/helpGuides/nt7/getcurrentbidvolume.htm

http://www.ninjatrader.com/support/helpGuides/nt7/getcurrentaskvolume.htm