Super DOM, Place a Stop for entry

[futuros]

Hello,

I want to buy stop (when it breaks resistance) or sell stop (support), how can I do that with the Dynamic superDOM??

Thanks,

Alan

[NinjaTrader_Lance]

Thank you for your post,

To place a buy stop limit order, middle mouse click on the BUY column at the desired price. If you would like it to be a stop market order, hold CTRL and middle mouse click the BUY column at the desired price.

For sell orders you would do the same on the SELL column.

Because you are using the Dynamic SuperDOM it might be easier to click the HOLD button in the upper left before placing the order as the price ladder will be moving. Once the order is placed you can click the HELD button to unlock it.

One of the great features of NinjaTrader is its ability to submit two entry orders, one which will cancel if the other is filled.
You can accomplish a breakout/breakdown approach by:

• Right click in the SuperDOM and select the menu "OCO Order" to enable this function
• For your first order, select the desired option from the "ATM Strategy" drop down list
• Submit your stop order to buy above the market
• For your second order, select the desired option from the "ATM Strategy" drop down list
• Submit your stop order to sell below the market
• CRITICAL Right click in the SuperDOM and select the menu "OCO Order" to disable this function

For a market fade approach just substitute limit orders with stop orders. This entry technique is demonstrated in our free ATM Level I training class that we hold several times per week.
Click here complete schedule of our various free training sessions

Click here for more information on submitting orders in the SuperDOM

For the differences between static and dynamic superDOM

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

For more information on the SuperDOM

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

[futuros]

Thanks Lance, what happen if I don't have the middle click button?

[NinjaTrader_Lance]

Hello,

It is strongly recommended to use a mouse that has a left and right click button along with a scroll wheel/middle mouse button.

There is 3rd party software available to simulate the middle mouse button, however I am unable to recommend one.

Alternatively the Chart Trader will allow for the placement of Stop Limit Orders through right clicking a chart with the Chart Trader open.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?submitting_orders4.htm

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

[futuros]

Thanks Lance...