IB Order Types Access

[garfielalvin]

Is it possible to utilize IB order type like Stop - Adjustable, Stop - Trailing Stop, Conditional with NT8 using script, DLL or other method?

https://www.interactivebrokers.com.hk/en/index.php?f=584

[NinjaTrader_PatrickH]

Hello garfielalvin,

Thank you for your post.

NinjaTrader 8 would support the Stop Market, Stop Limit, Limit, Market If Touched, and Market orders. Any other order types would not be supported to send to the brokerage technology connected.

Most advanced order types can be created utilizing NinjaScript strategies by recreating the conditions and actions of the order. However, this requires custom development and an understanding of how the desired order type truly functions down to it's base order type (such as a Stop Market breaking down to a Market order at it's base level).

Please let me know if you have any questions.

[garfielalvin]

For advanced order types created using NinjaScript strategies
1. Are conditions and actions of order are being monitored and triggered 'locally' on PC running NT8?
2. Upon condition meet, order type sent to IB can only consist of "Stop Market, Stop Limit, Limit, Market If Touched, and Market orders"?

Since IB API has the capability to access most of the advanced order types, is it possible to send these advanced order types to IB using the "Ninjascript - DLL - IB API" mechanism?
For example
1. Conditions programmed in Ninjascript are meet and advanced orders are sent to IB using "Ninjascript - DLL - IB API".
2. Ninjascript registered acknowledgement of orders sent
3a. IB server manages advanced orders sent while;
3b. Ninjascript monitors markets conditions, status of advanced order type, order filled, account equity and make adjustments or cancel orders sent according to programmed conditions in Ninjascript .

[NinjaTrader_PatrickH]

Hello garfielalvin,

Thank you for your response.

1. Are conditions and actions of order are being monitored and triggered 'locally' on PC running NT8?

This is correct. The conditions and actions would be local to the PC running the strategy.

2. Upon condition meet, order type sent to IB can only consist of "Stop Market, Stop Limit, Limit, Market If Touched, and Market orders"?

This is correct as well.

Since IB API has the capability to access most of the advanced order types, is it possible to send these advanced order types to IB using the "Ninjascript - DLL - IB API" mechanism?

No, there is not an option to send these order types. Only the supported order types in NinjaTrader an be sent.