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Having different size stop/profit target on ATM
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Having different size stop/profit target on ATM
Currently my ATM strategy is setup to enter a stop and profit target on market entry. Usually though when I get stopped out I like to reverse my position. Is there a way to make the ATM strategy have a stop order quantity that is greater then the initial market entry without manually doing it.
Thanks -
Hello JayUT,
Thank you for your post.
Placing a reverse at stop order using ATM strategies in NinjaTrader:
- Right Click on your SuperDOM
- Select, "Advanced Options" (this will show the Advanced Options at the bottom of your SuperDOM)
- Check the, "Rev at stop" button
- Submit your order with your desired ATM strategy attached
- Upon hitting your stop loss NinjaTrader will reverse your position with your ATM strategy attached.
- For more information about the Advanced Options please click here.
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Thanks, that is what I was looking for. I had one follow up question. Is there a way to have the size of the reverse position bigger. For axample, how it is setup by default, whenever you have 1 long contract, when you reverse your postion you become short 1 contract. Is there a way to set it up so if I start out with 1 long contract on reverse I will be short 3.
thanks
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