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Stop Buy limit and Stop sell limit not working

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    Stop Buy limit and Stop sell limit not working

    Hello,

    I set a up a trade to run overnight, i set up an automatic order, where it has a certain stop limit and a price target coded in.

    I shorted and then had a Stop limit higher and a buy limit lower, The price then went up and hit my stop limit, and should then cancel the entire trade(Including my buy limit order) , but it did not, it only canceled my current trade but kept a buy limit lower down, then price went down, and hit my buy limit and kept going down, so insteas of getting out entirely of the trade as i should i bought when i didnt want to and it kept going down, and I then was at a loss.

    It works just fine during the day, when I am online and watching but your automatic stop limits and buy limits are not workning when i turn off ninja trader, is this normal and to be expexted, or is there some flaw in your system?

    Kind Regards
    Kasper

    #2
    Hello,

    Are these live or simulation trades? If live, who is your broker? Also are these orders being submitted as OCO pairs, and if so, in what method are the orders being submitted?

    Comment


      #3
      Live, ritmic through apex trader funding. It is not in OCO mode, but they are set so that when one is triggered another should be cancelled.. they are set with a stop loss and price target

      Can i use the OCO mode to make certain it will only trigger one and cancel others?

      Kind regards
      Kasper

      Comment


        #4
        The orders would need to be submitted as OCO pairs for the one cancels other functionality. However keep in mind with Rithmic connections the OCO functionality of your orders is stored on your PC rather than the broker, so your platform would need to be on and connected when the OCO orders fill to cancel the other order. If the platform is not connected the OCO orders would not automatically cancel when one order filled.

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