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stop ATM - script

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    stop ATM - script

    Hello,

    when doing an entry with an ATM there appears a limit price 5 points above the stop (for a short trade). When having a setstoploss from script-strategy then there appears only the stop in orderstab. What is the additional limit with a trade from ATM?

    Thanks
    Tony
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    Last edited by tonynt; 12-22-2016, 08:07 AM. Reason: clearifying, translation error

    #2
    Hello,

    Thank you for your post.

    When using an ATM Strategy a protective Stop order will be automatically submitted 20 ticks beyond the Limit price.
    Christopher J.NinjaTrader Customer Service

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      #3
      Hello,

      thank you for your reply.

      Is it a limit beyond the stop or as you wrote a stop beyond the limit?

      And why is this only with ATM and not with SetStopLoss from script-strategy?

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        #4
        This would be a stop beyond the limit. This is only hard coded for ATM Strategies and would not be used with custom programmed scripts.
        Christopher J.NinjaTrader Customer Service

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