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"buy to cover" stop order submitted as market order

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    "buy to cover" stop order submitted as market order

    I have the following code:

    ExitShortStop(Close[0]+(ATR(3)[0]*.5)* numAtrsS,"SE");

    But all the orders were submitted as "Market"... ( I verfied this in the log)

    Since I do not use market orders in my strategy, why were "stop" orders converted to "market"?

    #2
    Hello hairymug,

    Thank you for your post.

    What does the Orders tab of the Control Center report the orders as?

    Can you provide a screenshot of your Log tab displaying the order as market?

    Comment


      #3
      Originally posted by hairymug View Post
      I have the following code:

      ExitShortStop(Close[0]+(ATR(3)[0]*.5)* numAtrsS,"SE");

      But all the orders were submitted as "Market"... ( I verfied this in the log)

      Since I do not use market orders in my strategy, why were "stop" orders converted to "market"?
      ExitShortStop() is a Stop order. Stop Orders are market orders for any broker, and NinjaTrader honors the tradition. If you want to use StopLimit orders, then do so. the call is ExitShortStopLimit().

      ref: http://www.ninjatrader.com/support/h...tstoplimit.htm

      Comment


        #4
        <<ExitShortStop() is a Stop order. Stop Orders are market orders for any broker, and NinjaTrader honors the tradition>>

        Wel then how come the other "stop" orders were listed as "stop" Orders??

        Comment


          #5
          Patrick,
          The Orders tab has them as "Market"...
          BTW; All my entries were marked as "stop" (as expected)

          Comment


            #6
            Hello hairymug,

            Thank you for your response.

            Please send me your log and trace files for today so that I may look into what occurred.

            You can do this by going to the Control Center-> Help-> Mail to Platform Support.

            Please reference place this thread in the subject of your e-mail: http://www.ninjatrader.com/support/f...ad.php?t=70325

            Please list 'ATTN: Patrick - 1199264' in the body of the e-mail.

            Comment


              #7
              Thank you,
              One thing; I had just set up my VPS and the time was off for the first half of the day...

              Comment


                #8
                Originally posted by hairymug View Post
                <<ExitShortStop() is a Stop order. Stop Orders are market orders for any broker, and NinjaTrader honors the tradition>>

                Wel then how come the other "stop" orders were listed as "stop" Orders??
                It does not matter what they are marked: what matters is how they are handled.

                Comment


                  #9
                  Hello hairymug,

                  Thank you for sending in those files.

                  I do see the BuyToCover orders as market. I am also seeing that the short entry is filled but no orders are submitted until a disconnect occurs and then a re-connect, in which case we see the market orders.

                  Can you send your strategy .cs file to platformsupport[at]ninjatrader[dot]com with this thread in the subject line and 'ATTN: Patrick - 1199264' in the subject line?
                  You will find the strategy .cs file under (My) Documents\NinjaTrader 7\bin\Custom\Strategy

                  Comment

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