• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

ATM Reverse (for Cut and Reverse trading)

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    ATM Reverse (for Cut and Reverse trading)

    The ATM allows selecting a reversal of a current position when the Stop (and/or Target) is hit. The Reversal simply leaves the same number of contracts as the initial entry.

    When using a Cut and Reverse approach to trading, generally we want to be able to set a larger number of contracts to remain after the reversal (when the Stop is hit).

    For example, on the ES I would set an ATM position with 3 contracts with both the Target and Stop located 3 ticks away. If the Stop is hit, I would like the Reverse position placed with a net number of contracts of 6 (thus the Stop would be 9 contracts before the reversal, netting 6 contracts after the reversal); and the Target set to 6 contracts (as well as the new Stop).

    Adding this capability to the ATM will allow traders to effectively trade the Cut and Reverse approach taught in leading Prop shops and help turn a losing trade into a winner.

    Can this be added to the ATM? A flexible approach would be to set the number of additional contracts (or multiple) over the current position, so that multiple reversals could be accommodated.
    Last edited by ronhb107; 09-12-2019, 10:16 AM.

    #2
    Hello ronhb107, thanks for your post.

    I will submit a feature request to add this ability to the built-in ATM system. Note that this can also be done with an automated NinjaScript strategy.

    I'll have a feature tracking ID for you shortly.

    Kind regards.
    Chris L.NinjaTrader Customer Service

    Comment


      #3
      Tracking ID, Chris?

      Comment


        #4
        Hi ronhb107,

        I will post the tracking ID once I receive it from our colleague. It can take a few business days to process.
        Chris L.NinjaTrader Customer Service

        Comment


          #5
          Nice approach. Vote for that too. Is there a track#?

          Comment


            #6
            Hello,

            This feature has been tracked as SFT-4249.

            Please check the release notes upon future updates to track added features:
            https://ninjatrader.com/support/help...ease_notes.htm
            Chris L.NinjaTrader Customer Service

            Comment

            Latest Posts

            Collapse

            Topics Statistics Last Post
            Started by lordvader34, Today, 07:07 AM
            1 response
            6 views
            0 likes
            Last Post lordvader34  
            Started by aslane, Today, 07:01 AM
            0 responses
            3 views
            0 likes
            Last Post aslane
            by aslane
             
            Started by frankduc, Today, 06:56 AM
            0 responses
            5 views
            0 likes
            Last Post frankduc  
            Started by priceisking, Yesterday, 06:57 PM
            1 response
            11 views
            0 likes
            Last Post NinjaTrader_PaulH  
            Started by alantse123, Today, 12:22 AM
            1 response
            6 views
            0 likes
            Last Post NinjaTrader_PaulH  
            Working...
            X