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How is my stop triggered?

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Elite_Member
Wiltshire, United Kingdom
 
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
 
matthew28's Avatar
 
Posts: 730 since Sep 2013
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@Grantx

As Xplorer said the order is activated when a contract trades at that level, but with Ninjatrader the stop orders are kept on your computer and only sent to the exchange/broker when they are hit.
Ninjatrader does have volume activated stop loss orders if you right click on a Ninja DOM it is an option there. Setting that though will not change how the Jigsaw plugin version works. But as Xplorer again says RTP will have that feature.
As an example, If connecting with Rithmic data and Ninjatrader; when I place a stop with Jigsaw in the Ninja plugin version the stop sits on my machine. If I connect RTP through Rithmic the stop sits on the Rithmic server but if I place a volume stop through Rithmic that will still sit on my machine as RTP needs to monitor the volume trading at the price before releasing the stop to get filled.

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