Buy stop limit orders automatically converted to buy limit order

[backtester831]

Is there a way to submit an entry price (for buy or sell), and NT automatically submits the order as a buy stop limit order if the current price is below the entry price, or submits the order as a buy limit if the current price is above the entry price?

The goal is to quickly submit an entry order while the current price is near (breakout trading). If the price shoots up before I can enter a buy stop limit order at a particular price, then I would like that order to be automatically converted into a buy limit order instead of being rejected as it is now for placing buy stop limit below current market price.

With regular buy/sell limit orders, the limit order rests below the current price. If the limit order is placed above the current price, then the order immediately fills.

Is something similar possible for buy/sell stop limit orders? For example a buy stop limit order would be placed resting above the current market price. However if the current price is above where the buy stop limit order is being placed, then the order is automatically converted into a buy limit order instead (currently the stop limit order is being outright rejected).

[NinjaTrader_Kate]

Hello backtester831,

Thank you for your suggestion.

At the current time, no, there is no way to have NinjaTrader modify the order type based on where the current price is in relation to the entry.

I have added a vote for you to a current feature request to add a feature that modifies the order type based on where the order was placed in relation to the current price. This request is being tracked under the number SFT-535.

As with all feature requests, interest is tracked before implementation is considered, so we cannot offer an ETA or promise of fulfillment. If implemented, it will be noted in the Release Notes page of the Help Guide.

Release Notes — https://ninjatrader.com/support/help...ease_notes.htm

Please let us know if we may be of further assistance to you.