Using marketable limits in NT7 - futures io
futures io

Using marketable limits in NT7

Discussion in NinjaTrader

    1. trending_up 2,542 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Using marketable limits in NT7

(login for full post details)
  #1 (permalink)
New York, NY, USA
Posts: 2 since Nov 2010
Thanks: 0 given, 0 received

I'm looking to use marketable limit orders in NT7. For instance, for a long entry I want to lift the ask (i.e., cross the spread).
--Backtest mode: I can get this to work in backtest mode fairly easily just by using Bid/Ask bars objects.

--Real-time w/Sim101: However, when working with real-time data on the Sim101 account I can't seem to get NT to lift the offer.
My limit order looks something like this: EnterLongLimit(GetCurrentAsk(), "MktLimitLong");
In the output window I can see my limit order sitting out there and I can see that ask = limit but there's no fill.

Does anyone know if this is a limitation of the Sim101 account, or NT doesn't support marketable limits, or a flaw in my reasoning?

Reply With Quote

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(82 thanks from 10 posts)
looks_twoDeetees DAX Trading Journal (time based)by Deetee
(25 thanks from 9 posts)
looks_3Salao's Journalby Salao
(23 thanks from 6 posts)
looks_4Learning to Profit - A journey in algorithms and optionsby Syntax
(12 thanks from 7 posts)
looks_5Maybe a little bit different journalby Malykubo
(3 thanks from 2 posts)
Best Threads (Most Thanked)
in the last 7 days on futures io
futures io site changelog and issues/problem reporting
73 thanks
The Crude Dude Oil Trading System
73 thanks
Would You Sell Your System?
71 thanks
FIO Journal Challenge - April 2021 w/Jigsaw Trading
32 thanks
Big Mike in Ecuador
25 thanks
(login for full post details)
  #3 (permalink)
New York, NY, USA
Posts: 2 since Nov 2010
Thanks: 0 given, 0 received

I think I've resolved the "marketable limit" issue.

I was submitting a marketable limit correctly but my signal, which also uses bid/ask data, was using 1 tick bars in OnBarUpdate. By moving this part of the signal into OnMarketData my signal is now being updated "on quote" which obviously improves my queue position. Now, I'll have to wait and see how the results come in.

Reply With Quote

futures io Trading Community Platforms and Indicators NinjaTrader > Using marketable limits in NT7

Last Updated on October 10, 2014

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Journal Challenge w/$1,800 in prizes!


Seven Trading Mistakes Solved With Smart Trading Tools w/Brannigan Barrett

Elite only

Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts