Work-around for "Stop Limit for Stop Loss" toggle in AtmStrategy for Stocks

[yubo27]

NT support,

Please provide a workaround for "Stop Limit for Stop Loss" toggle in AtmStrategy unavailable for stocks.
(ref: https://ninjatrader.com/support/help...ed_options.htm)

Is this by design to discourage users from trading stocks? Stop limit exit must-have for stock trading outside RTH.

If not, could you please provide a working code snippet as a work-around.

Below work-around I tried does not work as intended, it generated 2 exit pair orders (2 stop limits and 2 limits), for each 1 entry order.

• Inside OrderUpdate event handler, use account.Cancel to cancel stop market order,
• use account.CreateOrder to create an order of type StopLimit
• create a bracket limit exit order using the same oco as the StopLimit

[NinjaTrader_ChelseaB]

Hello yubo27,

From my understanding, not all brokerages that support equities will accept a stop limit order, so a stop market order is substituted to ensure the atm works for all equity brokerages.

The workaround would be to place the orders through a script (such as through a button click) and submit a stop limit order.

This example shows submitting orders to an account through an indicator button click.

https://forum.ninjatrader.com/forum/ninjatrader-8/indicator-development/1126570-changing-variables-within-an-indicator-from-another-indicator-with-buttons#post1126818

The 'ProfitChaseStopTrailIndicatorExample' example, in the forum post below, demonstrates placing a stop and limit through an account.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/platform-technical-support-aa/97419-priceos-cs-expecting?p=802269#post802269

[yubo27]

What I meant is having Stop limit as OCO profit/stop-loss pair orders as part of AtmStrategy, for stocks.

All equity brokers support Stop limit. IB only supports Stop limit for outside RTH. Stop market will not be triggered.
There is no problem placing Sotp limit entry orders. So No need for the examples you shared.

I want see a piece of code that converts Stop market placed by Atm to Stop limit.

The ways I described above through manual oco triggered an extra order that I cannot figured out why.

[NinjaTrader_ChelseaB]

Hello yubo27,

Submitting the exit stop limit and limit with the script would be the supported method.

Cancelling an existing order and replacing it would not be supported by NinjaTrader as this would impair the intended functionality.

This thread will remain open for any community members that would like to provide unsupported tips or code.

[yubo27]

Never mind. I figured it out. Work-around is the one I described above. A bug in my code produced an extra exit order.