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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

    #2
    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.

    Comment


      #3
      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

      Comment


        #4
        Hello JayUT,

        When using the reverse at stop feature in NinjaTrader it will attach the Original ATM strategy.

        Please let me know if I can be of further assistance.

        Comment

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