When I trade live with futures, I most the time use a manual entry on the SuperDOM(Dynamic) and then manually place my stop and profit targets. I'm trying to automate this a little more, using an ATM. I haven't liked the ATMs in live trading, because once activated, I haven't been real successful at adding quantity to an active ATM managed order.
But I see in the NT 8 user manual it says:
Order Entry
SuperDOM
Managing Positions
"New targets are added 4 ticks from your current outside target for futures..."
Sounds easy ... so I thot I'd give it a try again, but it doesn't seem to be working right or I'm not working right.
As a test, I just setup an ATM for 20 lots, Day, with a stop of 20 and the first PT of 5 at 100, 2nd PT of 5 at 110 and 3rd PT of 10 at 120 and the DOM Scale In property set to 5. I'm running on the current CL instrument in my sim 101 account for testing purposes. I just tried the ATM on my live feed, and when the order was filled everything was there ... stop and 3 PTs. The problem I'm having is when I move PT1 to the current price (to take profit) and then press the "+Target" button on the SuperDOM the new PT comes up just above the current price and almost always gets immediately taken out. I would think the added PT should have gone above the PT that is furthest away from the price, but it doesn't. Having the added PT introduced right above the current price makes the feature unusable for me.
Two additional things would improve this whole managing an active ATM...
1. When adding the actual quantity to the active ATM, the user should be able to select which of the PTs the added quantity is to be applied to. Right now it seems like I have no control over this.
*added 7/3/18 - the way to do this, is the quantity is always added to the furthest away PT. This way I can put the PT that I want added to furthest away, and bam ... I'm set. I can then move it to wherever once the quantity has been increased.
2. the "4 ticks" be user definable. For us older folk with bad vision and shaky hands, 4 ticks is really close to another PT to fiddle with.
Thanks for your help on this matter.
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