MarketIfTouched orders ...NT8 ?

[SARdynamite]

Hello,

EnterLongMarketIfTouched();
EnterShortMarketIfTouched();

ExitLongMarketIfTouched();
ExitShortMarketIfTouched();

Are we likely to experience such simple NinjaScript functions on Ninja's next release ? (NT8)
"Market If Touched (MIT)" orders have been requested for ages (on this forum as well) and most opponent platforms offer this already.

Please reassure us.

[NinjaTrader_Bertrand]

Thanks for the post and request here SARdynamite, as you note this has been suggested in the past and is reflected already on our tracking lists in product management under id 439 - your vote is now added in as well. Unfortunately I could not offer an ETA or commitment, but greatly appreciate your input shared.

All the best,

[Xkaern]

Add my vote to the list. It has literally been years. Is there some reason it can't be added as an order type quite easily? This literally costs your customers money every time an order doesn't get filled where we'd like it.

[sledge]

So, why doesn't setting your profit target to 1 tick less work?

Add my vote to the list. It has literally been years. Is there some reason it can't be added as an order type quite easily? This literally costs your customers money every time an order doesn't get filled where we'd like it.

[Xkaern]

So, why doesn't setting your profit target to 1 tick less work?

Moving your target then puts you last in the queue to get filled again. If you waited to get filled at your initial target and didn't, then price starts retreating, you might end up chasing it a lot more than a simplistic "move it down one tick" in real time. It shouldn't be necessary to have to hover at your computer constantly either. Despite whatever reasoning you can come up with that one shouldn't need a MIT order, it's a simple order that a lot programs offer and many of the people here want. I'm not sure why it's taking an eternity for NT to add it.

[sledge]

Moving your target then puts you last in the queue to get filled again. If you waited to get filled at your initial target and didn't, then price starts retreating, you might end up chasing it a lot more than a simplistic "move it down one tick" in real time. It shouldn't be necessary to have to hover at your computer constantly either. Despite whatever reasoning you can come up with that one shouldn't need a MIT order, it's a simple order that a lot programs offer and many of the people here want. I'm not sure why it's taking an eternity for NT to add it.

OK - I re-read SetProfitTarget...I was always under the assumption it was a market type order, but I guess I confused that with the ATM strategies that I'm always playing with.

This was my first week running live, and I just verified that all my targets were at the profit target I entered, although my entry fills were off a little here and there as those were market orders.

I'll have to re-dig and verify about ATM Strategies being converted to market orders. I could be mistaken now on that also.

Thanks.

SetProfitTarget

Definition
Generates a limit profit target order to exit a position. Profit target orders are real working orders submitted immediately to the market upon receiving an execution from an entry order.

[NinjaTrader_Bertrand]

Xkaern, thanks for sharing your feedback, I can well understand. It's an important point to consider on our feedback lists and I've made sure your vote is noted as well on this item.