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Submitting 2 orders on 1 chart

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    Submitting 2 orders on 1 chart

    Hi!
    Is it possible to submit completely different orders (short/long, different ATM strategy) on the same instrument and on the same chart using a chart trader?
    Both orders are to be executed sometimes in the future upon reaching certain price level.

    Thanks

    #2
    Hi maratrm,

    Yes, this is possible although the net effect on your account with two opposing orders filled is that you're flat. An account can't hold long and short positions at the same time.

    To apply a separate ATM strategy for each order, change the ATM selection from *Active... to just the name of the ATMStrategyTemplate. Do this before placing the second order.
    Last edited by NinjaTrader_RyanM1; 02-22-2012, 11:24 AM.
    Ryan M.NinjaTrader Customer Service

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      #3
      Both orders are to be executed sometimes in the future upon reaching certain price levels.
      Those price levels are different from each other. Therefore, I can't be flat.
      Basically, I can just change ATM and Stop strategy before placing an order, right?
      Are you aware of any indicator that can submit the predefined order upon reaching( crossing) diagonal/horizontal line?

      Comment


        #4
        I'm not sure you'll need an indicator for this. Just submit a stop or limit order at the price level you want and it will do this.
        Ryan M.NinjaTrader Customer Service

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