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The first question I have is, for what trading platform?
Your profile says you use MT4. Is this the platform you need the Keltner indicator for?
Also, although I don't know about MT4, Keltner is a very common indicator that is available on many platforms. Are you sure that it is not available on the platform you are using?
If you are sure it is not, please let us know what your platform is, so I can direct your question to users who are familiar with it.
Thanks.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
The general answer is that the NinjaTrader platform is available to users of NinjaTrader Brokerage, and to a small number of additional brokers that NinjaTrader has business arrangements with. I just checked their web site for a list of compatible brokers, but the site has changed and it is not clear what these brokers currently are. One that I am familiar with is Interactive Brokers, which has a large global presence. I am not sure if they open accounts in Australia, however.
You can probably check with NinjaTrader support to see if they can provide answers -- for example, whether NinjaTrader Brokerage will open Australian accounts, and if the platform is available for Australian brokers, or other brokers who may open Australian accounts. Check here for general information and for a link to their support for other questions: https://ninjatrader.com/
I know that NT is widely used, and I think that there are Australian users of the platform on the forum. I have opened a new thread for your question in the NinjaTrader section and am inviting Australian traders who are familiar with NT to respond. This will be the best way to get up-to-date information on the situation for you.
I have a question about the futures market makers. How does my buy limit order not get filled on touch? Are they still doing this by hand? In this age of super computers?
Some things are best not to put in writing. However, every morning, before your first trade, get the current balance of your trading account and write it down in a log. Anyone can make a mistake, so you should also do the math for yourself. Then see if your numbers agree with the brokers numbers. It is a simple thing, but keeping a close watch on your account balance is a good idea.
A limit order is not guaranteed to be filled. If it is filled, it will be at its stated price, but for it to be filled there must be orders on the other side that can be matched to it, at that price. Limit orders go into a queue on a first-come, first-served basis, and only as many will be filled as there are orders on the other side to match them to, at their price. If you want to buy, someone else needs to sell to you, and to have put in an order to do so. But there may not be any sell orders left at your price.
So if you are trying to buy and your position is far back in the queue, it may be that there are only enough sell orders at that price to accommodate some of the limit buy orders. Once the sellers at your price are all matched off to limit buys in the queue, then the market will move on, without you.
If you want to be guaranteed that you will get a fill, use a market order. You definitely will be matched to an order on the other side, but you may not get the price you want. If you will only accept the price you want, then use a limit order, but you may not get it filled, because you need for there to be an order to sell to you from another trader and there may not be any left at your price.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
The idea @Big Mike had about this "ask any question" thread was that someone could ask a question, and then we would open the question up to the membership by copying the question into a new thread for the membership to reply to. It was a way for someone who wasn't necessarily familiar with the forum to have their questions put in front of the larger group by starting a thread on their topic, and on the whole I think it has worked pretty well.
This latest sequence of posts on why a limit order is not always filled even though price does get to its level is a good question, and it may be helpful for newer traders or anyone who has wondered about it. So even though it has been responded to here, I am going to move this discussion out to a new thread, to make it more visible to anyone else who has the same question. In a way, it's a very simple matter, but the question is very natural if you don't know a little bit about how orders are filled, and I think that there are traders who may benefit from it.
Plus, of course, there may be follow-up questions and someone may step in with a better explanation, and there is always more that can be said about any situation.
So I have opened a new thread containing the posts by @Tradersword, @xplorer and myself discussing this topic, and I ask that any additional discussion take place in that thread, which can be found here:
I have a question about the futures market makers. How does my buy limit order not get filled on touch? Are they still doing this by hand? In this age of super computers?
Thanks.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote