Anyone using ChartTrader ever had a rejection moving the stop loss?
I set "use stop market for stop loss orders" to true or false...both ways I often end up with rejection as if it was a stopLimit.....really not acting as a stop at market as in Sim
Last edited by Big Mike; November 11th, 2010 at 01:06 AM.
Reason: moved to platforms
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when I move my stop to even +1 tick, I end up being too close to market price and often get an error message appearing in front of the chart.
I have to close the error window then hit close at market. Many times, price went pass the entry so I lose what have been a winning scalp.
At first, my reaction is to give the trade a chance by not closing it with a few tick profit but moving the stop to even.
I move the stop as soon as I see the price action not confirming the trade or as soon i realize something is wrong.
Ninja told me to set the "Use stop market for stop loss orders" property from the Chart Trader Properties to true ....so it will not be a stop Limit but a stop at market.....as we get in Sim mode.
But nothing worked! I set it to true or false and see no difference.....
I've been told to bring the target to entry to close the trade and not bring the stop to entry.....but I don't want to close the trade so this advise is not what I'm trying to do.
From the Ninja log, the error is something like "TE_StopLossOrderReject"
I'm still using 6.5
Based on the description of the error and that it is in sim mode, most likely the issues you are experience are based on you ATM settings and break even settings. Would you be so kind as to send me the exact steps to re-produce along with your ATM settings, break even settings and a screen shot when the error appears. I will also need to know which market you are trading and your datafeed connection. I can test this to see if I can re-produce the error and report back on the best steps to resolve. Thanks and happy trading!
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I believe you are still getting the error because Ninja won't let you place a stop order on the wrong side of the price even if it is a stop market order. My only thought is to try giving it more room or using simulated stops and see if it fixes the problem. I believe with a simulated stop it doesn't place a stop order, but a market order once the price point is reached, so you shouldn't have the problem anymore, but the risk is if you lose connection during the trade then you will be in the trade without a stop.