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Concurrent Buy/Sell orders

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    Concurrent Buy/Sell orders

    Is there a way to enter a buy limit order and a sell limit order using chart trader such that when one is executed the other is cancelled?

    #2
    Hello,

    Yes this is possible with OCO orders

    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
    LanceNinjaTrader Customer Service

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