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Bracket Entry Orders

Bracket Entry Orders is a module for the Enhanced Chart Trader. It enables one click placement of OCO orders to enter the market as it moves quickly in either direction. The Enhanced Chart Trader is designed to replace the standard NinjaTrader Chart Trader.

This product includes the Basic Chart Trader Tools that establishes the foundation of our Enhanced Chart Trader products for NinjaTrader.  To get started for ONLY $195 check out the Basic Chart Trader Tools product!

 

 

Summary

The Bracket Entry Orders module is great for capturing momentum in fast moving market during periods of high activity or following a news event.  The “Bracket” button gets the last traded price, and then initiates a Buy order above the market and a Sell order below the market simultaneously.  These orders are OCO (One Cancels Other) or can be canceled before anything is filled by hitting the “Cancel” button as seen in the screenshot below.

Features

Bracket Entry Orders Options

  • Order Offset (Ticks) – the offset for both buy and sell orders, from the current price.
  • Order Type – LMT (Limit), Market If Touched (MIT), SLM (Stop Limit) or STP (Stop).
  • Stop Limit Offset – number of ticks to offset the Stop Limit order trigger. a negative number is supported, resulting in a Simulated Stop Order type, which is unique to NinjaTrader.

Trigger Mode – select when the orders get placed.

  • Immediately – orders are placed when the button is clicked.
  • Close – orders are placed when the bar closes.

Close Early Entry (Seconds) – when using Minute or Second bars, with a Trigger Mode of ‘Close’, this allows orders to be placed before the bar actually closes. This feature is essential for trading news events to get the orders placed before a spike occurs.

Price Basis – select where the orders get placed.

  • Last – orders get placed based on the last traded price with an offset
  • High / Low – orders get placed based on the high and low of the current bar

This product includes the Basic Chart Trader Tools that establishes the foundation of our Enhanced Chart Trader products for NinjaTrader.  Please check out the Basic Chart Trader Tools page for a detailed overview – it is designed to replace and enhance the standard NinjaTrader Chart Trader.

 

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NinjaTrader Platform

New to NinjaTrader? Check out our NinjaTrader page for more information on getting started! You can download it completely free!

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Refund and Sales Policy

All sales are final and non-refundable. If you have any questions please contact us before completing a purchase.

Product licenses can only be used on the purchaser’s computer/computers.  Extra product licenses cannot be given away for free or resold. All purchases include a lifetime license with future upgrades for free. Our goal is to continually improve all of our products in performance, compatibility, and new features!

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We have a strong foundation with over 10 years of experience serving NinjaTrader users.

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I’ve used dozens of different indicators over the years and the ones I’ve gotten from Affordable Indicators are by far my favorite. They’re reliable, they are not resource heavy and, when I have a question, the support is responsive and helpful. Highly recommended!

Brent S.

Futures Trader

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