ATM Order over and under market

[Michael Larsen]

Hi

I have a ATM strategy and want to place a Buy Stop Limet over the current market and a Sell Stop Limet below the market (same stragegy in terms of SL; SP; Breakeven and # of contracts)

This is however not possible, what am I doing wrong?

Further say it get a fill on the long side I still want the order for the short side to be working.

If the filled long order is stopped out (SL; SP or breakeven) I of course want the orders related to the long order to be cancelled but the Short to still be working.

How do I achive this?

I am not a programmer so I just want to be able to set it up.

Thank you in advance for your assistance

Michael

[NinjaTrader_Jason]

Hello Michael,

One of the great features of NinjaTrader is its ability to manage multiple virtual positions in the same market. This allows you to manage a long and short position in the same market simultaneously.

Here is how this is accomplished:

-Open 2 SuperDOMs and set them both to the same market

-Right click in on of the SuperDOMs and select the menu "Properties"

-Set the 'ATM Strategy selection mode' parameter to "DisplaySelectedAtmStrategyOnly"

-Repeat the last two instructions on the second SuperDOM

-Submit a buy order to open a long position in the first SuperDOM

-Submit a sell order to open a short position in the second SuperDOM

In addition to these instructions, I suggest reviewing the content available in our Online Help Guide specific to this topic at the link below.

http://www.ninjatrader-support.com/HelpGuideV6/StrategyMode.html

[Michael Larsen]

ATM Order over and under market

Hi Jason

Thanks for your reply.

How would that work when trading direct from charts rather than useing the SuperDOM ?

Best regards

Michael

[NinjaTrader_Jason]

Hello Michael,

Please replace the SuperDOM's by two charts with ChartTrader enabled.

[Michael Larsen]

Hi Jason,

Thanks for your reply.

It is not working.

I just tried with the charts (ES 03 09 30 sec.) x2 The first order displays on both charts, it is same as before I can only have one order at the or I have to wait untill the first order is filled which is not good enough

Best regards

Michael

[Michael Larsen]

Hi Jason

Got working now thanks for your assistence, highly appriciated

Have a great weekend

Michael

[NinjaTrader_Jason]

Hello Michael,

I tested the setup on my end and it worked as expected.

Make sure the ATM strategy selection mode is set to 'DisplaySelectedAtmStrategyOnly' in both ChartTrader properties menu's (right click in ChartTrader).