live-price-tracking

What problem does it solve?

This Skill enables real-time tick-by-tick price tracking and live trailing stop updates in NinjaTrader, addressing delays caused by bar-close decision logic.

Core Features & Use Cases

• OnMarketData-based pricing: updates trailing stops on every valid tick (MarketDataType.Last) for accurate intra-bar risk management.

• Instrument filtering & price getters: ensures live prices are sourced from the current instrument and provides a robust GetLivePrice() fallback.

• Rate-limited order modifications: implements a safe 1-modification-per-second policy to comply with Apex-like constraints and prevent excessive orders.

• Use Case: A strategy uses OnMarketData to update trailing stops in real time as ticks arrive, rather than waiting for the bar close.

Quick Start

Implement the OnMarketData handler to process only Last ticks, filter for the active instrument, update trailing stops using a live price, and add a rate-limiter for order modifications. Test with real-time tick data and verify stop updates occur between bars.