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Jim Dean

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Joined: 9/21/2006
Location: L'ville, GA

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Subject : RE: Questiona on T{ Entry with Buy Stop Limit orde
Posted : 5/10/2019 4:40 PM
Post #46195 - In reply to #46194

Yes re RT - and of course the RT bar-duration you’d Use would be the one that your trading signal analysis was intended for (Daily, 10min, whatever). Natively in OLang (without a lot of effort doing special coding), the displayed chart bar-times will match the brokerage interface trigger times (unless of course you use a Market order).

Yes OT RT supports Tick but not well - it doesn’t maintain server based history so the available ticks start when you start OT and continue as long as the feed is not interrupted. You can do to any effective backtesting. And of course since Ticks are “NTB’s”, most classic indicators etc are questionable applicable. One of the recent survey Q’s asked for votes re improving Tick feed (w/history from server, like other time frames). So maybe this will change.

No re bid/ask or other Level 3 interface.

N’s most common approach is to do as you said - run analysis at night and use MOO for entry at (semi-negotiated) Open price the next morning. That and Mkt are the two fully reliable order types from N platforms.

Using OLang you can modify the threshold Stop level for a SMkt order, using the “ExitLevel” assignment in OLang. But afaik, that only applies to backtesting (reliably). And doesn’t support a Broker order. For all threshold based order types, stick to the rules in the Order Pane window of the TradePlan.

Yeah - that’s good advice for any area of life that you can con yourself into accepting! Heh heh.

Deleting message 46195 : RE: Questiona on T{ Entry with Buy Stop Limit orde


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