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C'mon... the original poster is also 'Advanced' and he's asking question cos a simple 'leave stop loss field set to 0' does not work. NT demands an entry. Oddly, if you enter 0 for profit target it will accept it, but when you run ATM it still enters a stop!
Trading: FDAX, YM and Currency Futures, ECN-Forex, mainly 6E, 6B
Posts: 27 since Jun 2011
Thanks Given: 24
Thanks Received: 8
Hi Shodson,
Thank you for your quick response. However if I set the stop loss field to "0" in the ATM, I get the following warning from Ninatrader: "Missing stop loss 1 value". So it does not work to operate the ATM without a stopp loss value.
Trading: FDAX, YM and Currency Futures, ECN-Forex, mainly 6E, 6B
Posts: 27 since Jun 2011
Thanks Given: 24
Thanks Received: 8
Hi Richard,
Thank you for your fast response, your description is absolutely right:
1. 'leave stop loss field set to 0' in the ATM does not work.' If you do so, you get the following warning from Ninatrader's ATM: "Missing stop loss 1 value". So it is not possible to operate the ATM without a stopp loss value.
2. If you enter "0" for profit target in the ATM it will accept it, but when you run ATM it still requires to enter a stop loss value higher than "0".
So has anybody an idea to solve this problem, maybe by an additional software script?
Set stop loss to big value, it is possible to create stop loss order with Account.CreateOrder
but what if stop loss is filled before ATM entry order is filled ?
It's"Advanced" for "Trading Experience", not in manipulating trading software, nor a specific trading software like NT, nor a specific function (ATM) of this software.
In this case, the stop loss parameter in the ATM has to be large enough to never been touched that's all.
Trading: FDAX, YM and Currency Futures, ECN-Forex, mainly 6E, 6B
Posts: 27 since Jun 2011
Thanks Given: 24
Thanks Received: 8
Dear decs0057,
you are right, a minor risk exist, that the stop loss order is filled before the ATM order is filled but with respect to my setup that would still be an acceptable risk. The best solution, of course, would be, if the limit order and the stop loss order are placed at the same time.. Does there exist a solution for something like this?
You mentioned "Account.CreateOrder", I could not find detailed information on google so could you please explain what it is ?
Account.CreateOrder is not official supported from NT, you will not find any official documentation but if you check NinjaTrader.Core.dll you will find method.