NexusFi: Find Your Edge


Home Menu

 





Chart Trader; Stop Limit Orders?


Discussion in NinjaTrader

Updated
    1. trending_up 2,538 views
    2. thumb_up 2 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 1 attachments




 
Search this Thread

Chart Trader; Stop Limit Orders?

  #1 (permalink)
 
aventeren's Avatar
 aventeren 
Bellingham, WA USA
 
Experience: Beginner
Platform: NT
Broker: Mirus (Broker), Continuum (Data), Dorman (Clearing)
Trading: Futures
Posts: 202 since Mar 2013
Thanks Given: 428
Thanks Received: 202

I use range bars to trade, and oftentimes I would like to enter a long (short) trade one tick higher (lower) than the current range bar if price moves one tick higher (lower) than the high (low) range of the current bar.

For instance, let's say that the current 8 tick range bar of the ES has a low point of 1000.00 and a high point of 1002.00, which would mean that as soon as price moves to 1002.25 that price is moving in the direction that I would like to, which in my case is my entrance price (the opposite for short, ie enter at 999.75). Normally I place stop limit orders for my long positions above the current price (ie, 1000.25) by middle clicking at 1000.25 in the SuperDOM (or at 999.75), but I was interested to see how Chart Trader might work for managing trades, so I thought I'd give it a try--however I can't find out how to place a stop limit order above the current price (or below if going short) using the Chart Trader. Does anyone have any experience with this?

I could enter the Stop Limit Order in the SuperDOM and then manage the SLO via the chart, but I was hoping to not have the SuperDOM open and just use Chart Trader. But that gets me back to how I can enter a SLO using Chart Trader.

Thanks for your help in advance!

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Request for MACD with option to use different MAs for fa …
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
55 thanks
NexusFi site changelog and issues/problem reporting
48 thanks
What percentage per day is possible? [Poll]
31 thanks
GFIs1 1 DAX trade per day journal
29 thanks

  #2 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527


aventeren View Post
I use range bars to trade, and oftentimes I would like to enter a long (short) trade one tick higher (lower) than the current range bar if price moves one tick higher (lower) than the high (low) range of the current bar.

For instance, let's say that the current 8 tick range bar of the ES has a low point of 1000.00 and a high point of 1002.00, which would mean that as soon as price moves to 1002.25 that price is moving in the direction that I would like to, which in my case is my entrance price (the opposite for short, ie enter at 999.75). Normally I place stop limit orders for my long positions above the current price (ie, 1000.25) by middle clicking at 1000.25 in the SuperDOM (or at 999.75), but I was interested to see how Chart Trader might work for managing trades, so I thought I'd give it a try--however I can't find out how to place a stop limit order above the current price (or below if going short) using the Chart Trader. Does anyone have any experience with this?

I could enter the Stop Limit Order in the SuperDOM and then manage the SLO via the chart, but I was hoping to not have the SuperDOM open and just use Chart Trader. But that gets me back to how I can enter a SLO using Chart Trader.

Thanks for your help in advance!

right mouse click on the chart.

here's an explanation: NinjaTrader Version 7


Reply With Quote
The following user says Thank You to Silvester17 for this post:
  #3 (permalink)
 
aventeren's Avatar
 aventeren 
Bellingham, WA USA
 
Experience: Beginner
Platform: NT
Broker: Mirus (Broker), Continuum (Data), Dorman (Clearing)
Trading: Futures
Posts: 202 since Mar 2013
Thanks Given: 428
Thanks Received: 202



Silvester17 View Post
right mouse click on the chart.

here's an explanation: NinjaTrader Version 7


Excellent, thanks! That's easy.

Started this thread Reply With Quote
The following user says Thank You to aventeren for this post:





Last Updated on April 21, 2013


© 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