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ATM strategy causes error with fast moving price

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    ATM strategy causes error with fast moving price

    If I use a breakeven plus one setting in my ATM strategy, I sometimes get an error when it's triggered. Especially in NQ, where price moves so fast, it will often trigger the strategy, but then it instantly sends an error because price has rapidly moved above or below the stop. I understand why it's happening. But is there a way to make Ninja be more forgiving and get me a stop at least close?

    #2
    Hello StevenNelson,

    Thank you for your post.

    To reduce the likelihood of this occurring you would need to change the value of the breakeven offset to place your stop-loss order further from the current market price during higher volatility.

    As an example, your entry is 100 and if the market price moves to 105 to trigger your breakeven to move your stop loss to a price of 103 but simultaneously the price move back down to 102 this will occur. We would then want to use an offset value to move the stop loss to a lower price.

    However, please note that market volatility cannot be predicted, and even after making these adjustments to your Auto Breakeven settings may still result in a rejected order during certain market conditions.
    Last edited by NinjaTrader_Spencer; 11-17-2020, 11:33 AM.
    Spencer F.NinjaTrader Customer Service

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