Currency trading enterlonglimit issue

[thomson]

I try to using EnterLongLimit(0, true, 1, Price, "long"); in my Currency trading strategy. There are some error popup. Do I need change quantity 1 to something else?

Many thanks,

[NinjaTrader_AlanP]

Hello Thomson,

Thank you for your note.

What error are you receiving? Would you be able to provide a screen shot?

To send a screenshot with Windows 7 or newer I would recommend using Window's Snipping Tool.
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Alternatively to send a screenshot press Alt + PRINT SCREEN to take a screenshot of the selected window. Then go to Start--> Accessories--> Paint, and press CTRL + V to paste the image. Lastly, save as a jpeg file and send the file as an attachment.
Click here for detailed instruction

I look forward to your reply.

[thomson]

Please see my attached image. BTW, EnterLongLimit(0, true, 1, Price, "long"); Price I am using this.GetCurrentAsk()-3*this.TickSize;

https://ibb.co/m2FzAa

Thanks,

[NinjaTrader_AlanP]

Hello thomson,

EnterLongLimit orders need to be submitted below the current ask. Its likley you received this error due to the offer quickly jumping down 3 ticks thus making this offer no longer valid.

It would be suggested you work your limits further than 3 ticks from the current ask or write logic which would submit a market order rather than a limit order should the offer price be less than say, 5 ticks.

If you pull up a EURUSD pair in the Superdom, you'll see that the market often trades 3 ticks wide, thus you could expect this error with such a small offset from the current ask.

Please let us know if you need further assistance.

[thomson]

What is the 1 contract quantity in currency trading strategy?Is there any samples for currency auto trading strategy which using enterlonglimit?

Thanks,

[NinjaTrader_AlanP]

Hello Thomson,

What a 1 lot is in FX equivalent is covered at the following section our helpguide,

https://ninjatrader.com/support/helpGuides/nt8/en-us/?running_fx_strategies.htm

I don't have any strategies written for FX specifically however you may find some on the forum at the link below,

http://ninjatrader.com/support/forum/local_links.php

Please let us know if you need further assistance.