Rounding in covering

[Boonfly8]

If one has a dynamic cover such as covering at the current SMA[0], how does ninjatrader determine which price to be on since the SMA might not be at the exact tick price? I see sometimes that the cover orders would go back and forth between the current tick and a tick down based on where the last tick traded.

One probably don't want the orders to go back and forth like that, essentially if one is long, he/she want the cover order at the ask to stick.

Would an offset value work in this case? for example, if the SMA is at 2824.10 and I have a cover order at 2824. it might switch between 2824 and 2824.25. what if one did something like SMA[0] -0.10?

[NinjaTrader_ChelseaB]

Hello Boonfly8,

This is up to the logic in your script.

If you want something rounded to a tick size, pass this as a parameter to the Instrument.MasterInstrument.RoundToTickSize() method.

https://ninjatrader.com/support/helpGuides/nt8/en-us/roundtoticksize.htm