Commission with ATM

[Morphy]

Dear NinjaTtader,

Using the strategy of "ATM" to 3 contracts, NT7, does not make the exact calculation of commissions.

Thanks,
Morphy

[NinjaTrader_Matthew]

Hello Morphy,

Thank you for your post.

Please go to Tools--> Options--> Commissions tab and tell me how you set Commissions for Futures - Interactive Brokers.

Did you configure Commission levels? If so, what are these levels set to?

Or did you configure this as a Minimum $2.00 commission?

I look forward to assisting you further.

[Morphy]

Matthew, sorry for being late,

What you see is my setup.

Hello,
Morphy

[NinjaTrader_Matthew]

Hello,

Thanks for getting back to me.

Rather than configuring a minimum commission, you should create a commission level where the Commission value is $2.00 and the units is set to 1.

This will ensure each additional contract you trade including your ATM orders will use the $2.00 commissions

Please review our Help Guide article on 'How to add a tiered commission rate':

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?adding_commission_rates.htm

[Morphy]

OK Matteo,

Tell me if I did okay

Thanks,
Morphy

[NinjaTrader_Matthew]

Morphy,

Looks good - however I would suggest removing the minimum commission level and only operating on the tiered level you just configured.

[wxtrox7]

I got the same problem. Should the minimum commission rate be set to 0? Also, when i set the Tier 2.01/1, and try to generate report, the commission stays the same. Is this a bug?

thanks

[NinjaTrader_Matthew]

Hello,

The minimum commission should be at 0 if you're trying to setup a tiered commission rate.

Please note that any changes you make will not effect previously executed trades. If you have recently made changes to your commissions, please try executing a new trade in the Sim101 account and check to see that the commissions are calculated as expected.