NexusFi: Find Your Edge


Home Menu

 





Server side synthetic orders (OCO, trailing stops)


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one max-td with 6 posts (2 thanks)
    2. looks_two GentleTrader with 4 posts (7 thanks)
    3. looks_3 phyzfer with 3 posts (0 thanks)
    4. looks_4 zer0 with 2 posts (0 thanks)
    1. trending_up 14,886 views
    2. thumb_up 10 thanks given
    3. group 5 followers
    1. forum 20 posts
    2. attach_file 0 attachments




 
Search this Thread

Server side synthetic orders (OCO, trailing stops)

  #11 (permalink)
 
max-td's Avatar
 max-td 
Frankfurt
 
Experience: Intermediate
Platform: NinjaTrader
Trading: FGBL 6E B4
Posts: 1,752 since Jun 2009
Thanks Given: 2,309
Thanks Received: 927

hm - it depends on what you need to have at the end + why you want to have this.

for me serverbased == everything serverbased + secure

TT sounds severbased in the descreption but TTs OCO is also NOT serverbased!

That means if you have a bracketorder running you will have a problem.
- that it shit in my view - we had that some weeks ago yet :



but maybe you dont care about OCO-function.

max-td
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
33 thanks
Tao te Trade: way of the WLD
24 thanks
My NQ Trading Journal
14 thanks
HumbleTraders next chapter
11 thanks
GFIs1 1 DAX trade per day journal
11 thanks
  #12 (permalink)
 
max-td's Avatar
 max-td 
Frankfurt
 
Experience: Intermediate
Platform: NinjaTrader
Trading: FGBL 6E B4
Posts: 1,752 since Jun 2009
Thanks Given: 2,309
Thanks Received: 927

BTW in the headline you write "OCO, trailing stops" -

Trailingstops will also NOT work anymore with TT because this is trailing made inside ninja.

so TT cant be your solution.
you need something where everything is running serverbased - if you want the functions what are mentioned in the headline!

but these are functions i really know that StrategyRunner is doing this serverbased.

max-td
Reply With Quote
  #13 (permalink)
 phyzfer 
Chicago
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus/Zen-FIre
Trading: GC, ES
Posts: 73 since Mar 2010
Thanks Given: 40
Thanks Received: 33



GentleTrader View Post
Looks like TT with Ninja is client based.
Trading Technologies
Orders in a state "Accepted" or "Working" are at the exchange. If the exchange does not support a specific order type, the order will be active on the FCM's Trading Technology servers.
OCO (One Cancels Other) functionality is simulated on your local PC.

I didn't know OCO orders were simulated on the PC for TT. I've never used that feature. Stops of any sort or resting on the broker's TT server like it says.

Thanks!

Reply With Quote
  #14 (permalink)
 phyzfer 
Chicago
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus/Zen-FIre
Trading: GC, ES
Posts: 73 since Mar 2010
Thanks Given: 40
Thanks Received: 33


max-td View Post
BTW in the headline you write "OCO, trailing stops" -

Trailingstops will also NOT work anymore with TT because this is trailing made inside ninja.

so TT cant be your solution.
you need something where everything is running serverbased - if you want the functions what are mentioned in the headline!

but these are functions i really know that StrategyRunner is doing this serverbased.

max-td,

TT does support trailing stops along with other synthetic orders (iceberg, for example).
It seems like they are handled on the client side (on xtrader perhaps).

Reply With Quote
  #15 (permalink)
 
max-td's Avatar
 max-td 
Frankfurt
 
Experience: Intermediate
Platform: NinjaTrader
Trading: FGBL 6E B4
Posts: 1,752 since Jun 2009
Thanks Given: 2,309
Thanks Received: 927

hi phyzfer,

i think its important to always speak about combinations of : broker-feed AND trading/execution-plattform.

we have to understand the keypoints of these concepts.

trying to make it clear :

Everything that is contoled by / inside of NinjaTrader will never be serverbased cause NT is not made for that !
(speaking about the "normal" way to use NT as a costumer, not speaking about tricks some IT-freaks are able to do of course)

a trailing stop in NinjaTrader is , spoken in easy words : a small strategy-routine is running..

an AMT with a stop + target is a small strategy too - that cancels the stop if target is hit.

These are things that happen INSIDE of Ninja + controled by NT.
it is simply not possible to transfer these functions to a server to make them work if NT / your PC is offline !

Ninjas strategys (+ also ATMs + OCOs + trailings ... ) are not running on any servers -- they are always inside NT on your local PC.


A real serverbased solution is something like

- StrateyRunner - where all strategys are transfered to their servers after starting them (als a simple BracketOrdert is a small strategy / its like an ATM in Ninja - having Target + Stop + cancelroutine if one is hit)

- IB + TWS
a plattform like the TWS from IB that controls things like trailstops + brackets in itself if sended out from there - and as IB is hosting stuff on own servers, i know that things you give in in TWS is serverbased then ! here - if you Enter a trade with TWS, TWS controls the trailing + OCO + store this functionality+parameters on IB-servers.


--->> BUT with this IB-way --- if you use IB + TWS PLUS Ninja as your entry-plattform in combination and you do enter a trade with ATM in Ninja -->> Ninja will have the controle over this ATM and TWS does know nothing about these ATM-parameter! - TWS is just a brgde to the exchange here.

so if NT is down -- TWS+IB-server know nothing about how Ninja would move or cancel any of these ATM-stuff -> ATM / Brackets will not work here anymore. you have the same problem like with NT alone!

the same way it will be with TT i think :
>> TT as standalone with its own order-entry-plattform -- serverbased things are working

>> TT in combination with Ninja (NT controling the ATMs etc) -- NOT a 100% serverbased solution anymore

its really important to make shure you understand the whole stuff behind the scenes -> how those diff. apps are working together.

max-td
Reply With Quote
Thanked by:
  #16 (permalink)
 
zer0's Avatar
 zer0 
Chicago, IL/USA
 
Experience: Advanced
Platform: CTS T4/Sierra Chart
Trading: Futures
Posts: 139 since Jun 2011
Thanks Given: 49
Thanks Received: 205

A little late to the party, but CTS T4 supports server-side order types, including OCO/Auto-OCO. CTS T4 server-side OCO integration with Sierra Chart is now available as well, as of the last couple of days.

Reply With Quote
  #17 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599


zer0 View Post
A little late to the party, but CTS T4 supports server-side order types, including OCO/Auto-OCO. CTS T4 server-side OCO integration with Sierra Chart is now available as well, as of the last couple of days.

Cool, Brian from CTS will be doing a futures.io (formerly BMT) webinar on September 7th as well.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #18 (permalink)
 
zer0's Avatar
 zer0 
Chicago, IL/USA
 
Experience: Advanced
Platform: CTS T4/Sierra Chart
Trading: Futures
Posts: 139 since Jun 2011
Thanks Given: 49
Thanks Received: 205

I'll be there. Thanks.


Big Mike View Post
Cool, Brian from CTS will be doing a futures.io (formerly BMT) webinar on September 7th as well.

Mike


Reply With Quote
  #19 (permalink)
 
michaelf's Avatar
 michaelf 
Mérida, Mexico
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: MNQ
Frequency: Daily
Duration: Minutes
Posts: 559 since Mar 2011
Thanks Given: 1,434
Thanks Received: 581


max-td View Post
--->> BUT with this IB-way --- if you use IB + TWS PLUS Ninja as your entry-plattform in combination and you do enter a trade with ATM in Ninja -->> Ninja will have the controle over this ATM and TWS does know nothing about these ATM-parameter! - TWS is just a brgde to the exchange here.

so if NT is down -- TWS+IB-server know nothing about how Ninja would move or cancel any of these ATM-stuff -> ATM / Brackets will not work here anymore. you have the same problem like with NT alone!

Today, after purchasing NT live, I realized that issue with the oco orders and I dont like it at all that my entry order is hanging without the stop loss and lmt orders out there. With an internet connection lose it can be very expensive.

@NinjaTrader
Ryan can we expect any changes in NT8?

thanks for any response

michael

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #20 (permalink)
 
NinjaTrader's Avatar
 NinjaTrader  NinjaTrader is an official Site Sponsor
Site Sponsor

Web: NinjaTrader
AMA: Ask Me Anything
Webinars: NinjaTrader Webinars
Elite offer: Click here
 
Posts: 1,713 since May 2010
Thanks Given: 203
Thanks Received: 2,686



michaelf View Post
Today, after purchasing NT live, I realized that issue with the oco orders and I dont like it at all that my entry order is hanging without the stop loss and lmt orders out there. With an internet connection lose it can be very expensive.

@NinjaTrader
Ryan can we expect any changes in NT8?

thanks for any response

michael

We have no plans at this time to change this.

Follow me on Twitter Reply With Quote




Last Updated on March 8, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts