Using ATM Strategy without closing all shares

[ntbone]

I am having difficulty figuring out if its even possible to use an ATM strategy in such a way that it won't close out all my shares. Consider the following scenario.

I buy a 100 shares of some security ABC. I want to

1. Close out 50 shares after .10 cents of movemnt
2. Close out 25 shares after .20 cents of movement
3. Manually close out the remaining 25 shares using manual controls.

Whenever I create an ATM strategy to do this, it won't leave the remaining 25 shares open for me to close out as I wish. It will either add the 25 shares to step 1 or step 2 depending on how I configure the ATM strategy. Is this even possible?

[NinjaTrader_EricB]

Hello,

Thank you for your post. To confirm, are you looking to do this solely via manual ATM settings or scripted, custom strategy?

We look forward to assisting further.

[ntbone]

I wanted to be able to do this via the manual ATM settings, not through script/code.

[NinjaTrader_EricB]

Thank you for your reply.

After the remaining 50 shares position is in place, you should then be able to press the Close button to close out this remaining 50. What happens when this action is taken to close out manually? Can you please post a screen shot of the ATM settings in use?

We look forward to assisting further.

[ntbone]

In order to be able to have 25 shares remaining after step 2 I would need to provide a profit target for them, but at the time I take the order I have not yet decided what that will be and need more information before I make that decision.

Allow me to further clarify wiot

I buy a 100 shares of some security ABC. I want to

1. Close out 50 shares after .10 cents of movemnt
2. Close out 25 shares after .20 cents of movement
3. I define a stop for the last 25 shares but no profit target. At some point later I close the shares by creating a limit order to close out the last shares.

Currently I see no way to do step 3 with the ATM Strategy. I have to provide some sort of target for the shares which will create an order for them as well.

[NinjaTrader_Jermaine]

Hello ntbone,

Thank you for your note.

I have provided an image of the ATM Strategy set up that you should have set up.

Please let me know if I may be of any further assistance.

[ntbone]

Ah. So specifying a profit of 0 will only create an order for the stop but no other orders to handle the position?

[NinjaTrader_Jermaine]

Hello ntbone,

That is correct.