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Order logic for Gain

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Updated by mainstream
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Order logic for Gain

  #1 (permalink)
Chicago, IL
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Platform: Kinetick Ninja Trader <7>
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Order logic for Gain

I suppose this is an issue for any strategy that is implemented through a broker with a spread...

Gain will not fill if you place a limit order and the market moves greater than one pip away from the current price Bid or Ask. Then the order cancels.

I would figure this is going to effect limit and buy/sell at bar close. Anyone with practical experience want to chime in what logic they used to get the best price?

--seems like GetCurrnetBid/Ask() gives decent fills. Of course there is the chance that the market runs and the order doesn't fill, but so far I'm filling -(1-2) pips which is the spread anyway.

--Entering at the market fills -(3-4) pips consistently

--Entering on the close doesn't seem to work. .

Last edited by mainstream; December 22nd, 2010 at 10:47 AM.
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