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Chart Trader - Attach order to indicator

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    Chart Trader - Attach order to indicator

    Hello,
    Chart Trader has the feature "Attach to Indicator" can someone provide an example of attaching "ATR Stops" indicator as a stop loss? Also can this be requested as a feature for ATM order management?

    Thanks


    #2

    Hello Darrell,




    Thank you for your post.

    To setup the parameters to Attach to Indicator:



    1.Right mouse click on a submitted order

    2.Hover your mouse cursor over the order details

    3.Navigate to the Attach to Indicator menu

    4.Left mouse click on the Attach to Indicator Properties menu item



    This will open an Attach to Indicator Properties window which will allow you to define the following properties:

    Indicator Selects the indicator plot* which is used for the indicator tracking
    Offset (ticks) The number of ticks (+/-) the order will follow the indicator value
    Modify toward last price only Enables / Disables the ability to hold the order price and only modify should the indicator change to a price closer to the last traded price. This prevents orders from modifying to price that would be worse than the previous value.



    I've linked to the Help Guide article going over this:



    Note: ATM Strategies will only work with Attach to Indicator for stop orders which do not have a Stop Strategy configured. Enabling Attach to Indicator on an ATM Strategy which has an associated Stop Strategy will disable the Stop Strategy and will then be managed by the indicator instead.


    Please let me know if I may be of any further assistance.
    Marco G.NinjaTrader Customer Service

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