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Manually modify ATM strategy

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    Manually modify ATM strategy

    My question is about the ATM feature. Basically I am say long 4 contracts with a profit target on just 2 contracts only. All four contracts have a stop loss. I would like to close out the remaining 2 contracts with perhaps a limit order provided ofcourse they have not been stopped out. Once I am running the strategy, NT won't let me place a limit order to close out my remaining contracts. Is there a way around this?



    Thank you

    #2
    imported post

    Hello rally7:

    Thank you for your post.

    When I test in sim mode, I am able to flatten the trade by submitting a limit order.

    Are you submitting this strategy in sim mode or live mode? Can you provide the exact steps so I may attempt to reproduce.

    You may want to submit a stop limit order for the remaining contracts instead of a limit order.

    More information on Position Strategies can be found here:

    http://www.ninjatrader-support.com/H...verview13.html

    More information on submitting orders can be found here:

    http://www.ninjatrader-support.com/H...ingOrders.html

    Best regards,

    Ryan
    RyanNinjaTrader Customer Service

    Comment


      #3
      imported post

      Hi Ryan,

      I am sim mode. Do I have to exit out of the active ATM strategy and select none under the drop down box? What I did is create a simple ATM strategy.

      1 target, Qty 2, Stop loss 5, target 10,

      2 target, Qty 2 Stop loss 5

      Using the Chart trader, I bought 4 YM at the market, hit my profit target on 2 contracts. Still long 2 and would like to now place a limit order above the market to close out my position. On the chart trader it now shows me still long 2 and now the stop order is changed to 2 contracts as it should. But when I attempt to place a limit order to sell the remaining 2 I get the message " You can't submit an exit order to a strategy yntill any of its entry orders has been filled.

      Comment


        #4
        imported post

        Hello rally7:

        Keep your working strategy in the ATM dropdown field. Do not change this back to 'None'.

        Then, you should be able to place the limit order to fill the remaining 2 contracts in your position. Otherwise, try placing a stop limit order instead of a limit order.

        Let me know if this works.

        Ryan
        RyanNinjaTrader Customer Service

        Comment


          #5
          imported post

          I just tried that and I am still receiving the same error message.

          Comment


            #6
            imported post

            Hello rally7:

            A couple of options for your assistance.

            1. We conduct a weekly free webinar session on setting up Advanced Strategies such as yours. I encourage you to attend this session held on Thursday at Noon EST. Please click on the link below to attend.

            http://www.ninjatrader.com/web/tradi...e_webinars.htm

            This session is interactive and you can post your inquiry in the webinar and I can display the example in the room for everyone.

            2. Otherwise, if you cannot attend, please send me a private message to support at ninjatader dot com and I would be happy to schedule a time to login to your computer and work through the example. Please put Attn: Ryan in the subject line.

            Enjoy your day and happy trading!

            Ryan
            RyanNinjaTrader Customer Service

            Comment


              #7
              imported post

              Ryan,

              Thanks, I will attend the webinar and hopefully we can figure this out.

              Harry

              Comment

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