Connection and Initial Hard Stops with Strategies

[birdog]

Hi there:

When running strategies that immediately put in a hard stop but also a limit...my understanding is that the hard stop is placed on the broker server immediately (broker side resided) and the limit is on the NT side and only submits the limit market from NT to the broker if it is hit (limit being on the NT side until hit) and then of course NT cancels the stop or other orders per the strategy....

I know it may be a bit different for each broker:

1. So, my question is if the connection goes down and can not auto connect back, will the hard stop remain in place on the broker side for MBTrading, CQG (AMP), and Zen Fire (Mirus RCG) so I am protected? FYI, I have the strategy to remain on while trying to reconnect in the NT options.

2. And, If NT, for any reason, disables a strategy while a position is on, will the hard stop (in that case ALSO) remain in place on the broker side for MBTrading, CQG (AMP), and Zen Fire (Mirus RCG) so I am protected? FYI, I have the strategy to remain on while trying to reconnect in the NT options.

Thanks folks!



Greg

[NinjaTrader_Joydeep]

Hello birdog,
1. Where the order will reside will depend on the orderstate of the order. If the both the stop order and the limit order has the orderstate as working or accepted then both the orders are residing at the brokers/exchange's end.

Depending on you connectivity provider the OCO simulation may be locally simulated. Please refer to this post which further illustrates it.

http://www.ninjatrader.com/support/forum/showthread.php?t=5349

2. Is the strategy got disconnected or got disabled? What are the options you have set in Tools>Options>Strategies tab>NinjaScript tab. Can you please upload a screenshot of the NinjaScript tab.