Profit Manager

NexusFi · 2012-03-09T17:26:53-05:00

The inbuilt ATM strategies of NinjaTrader just allows you to use a fixed trailing stop. If you want chandelier, supertrend or parabolic stop you need to code a strategy. The indicator can probably not handle any orders at the exchange. This is what I have understood what the indicator does (please correct me if I am wrong): It trails the stop on the chart. When price hits that trailing stop, it will then close out all open posisions. The exit orders will be transmitted by NinjaTrader to the broker who will …

Discussion in NinjaTrader

Updated March 9, 2012

Profit Manager

March 9th, 2012, 05:26 PM	#11 (permalink)
PowerBroker DetroitMIUSA Posts: 192 since Feb 2012	I am still not clear on what you guys are saying. Is the stop order at the exchange or at the broker?