HELP! "A rate limit for too many order request has been hit"

[backtester831]

Hello backtester831. Can I send you a message through here to discuss the option you recommended. I am also having rate limits errors.

Would be best for you to send NinjaMobileTrader a message directly as they helped set up the cross prop firm local network trade copying for me correctly so that I don't have rate limit problems anymore.

[zakki]

Hello quantyse_ntforum,

Thank you for the message.

The API limits being triggered can be caused by the following:

• The maximum number of contracts per order is 100.
• In a 60-minute timeframe, users can only initiate up to 5000 unique actions.
  • Placing, modifying, and canceling orders are each separate actions.
• When trading with groups, every trade on each account is seen as a separate action.
  • Placing an order on 20 accounts will be counted as 20 distinct actions.
  • Once you've reached this limit, no actions can be taken.
• This is tracked by IP Address and Username.
  • So, using multiple devices wouldn't allow you to circumvent the limit.

When users have multiple accounts being grouped or copy traded, it is easier for a user to hit this limit.

• If a user has an ATM Strategy with a Trailing Stop, this is a more common reason users hit this limit. Especially when the action is being replicated across multiple accounts.

Unfortunately, there is no way to change or modify the Rate Limit for a single user as this is defined on an Organizational level.

• The user would have to change their trading behavior to avoid hitting the limit moving forward.
• These are defined at a specific value to ensure system stability and security and will not be changed.

If you hit the "API Request Limit" message, please reach out to Support[AT]NinjaTrader[DOT]com and we can help you reset it.

• CRITICAL — If your inquiry involves live orders, please always reach out to your broker or evaluation provider immediately to confirm and manage your live orders and positions.
  • Then, once you've managed the account with your Broker/Evaluation Provider, reach out to the NinjaTrader Support Team directly for further help.

Please let us know if we may provide any further assistance.

Does this apply even when the brokerage does not have such limits? For example, IBKR actually promotes market-making.

[NinjaTrader_Clayton]

This is only specific to a connection using the "NinjaTrader" connection type.

Since Interactive Brokers has its own connection and rules, you'd have to speak with them for more information.