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2 contract atm strategy with a runner and auto break even

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    2 contract atm strategy with a runner and auto break even

    I'm trying to set up an atm strategy with an auto break even stop loss. I would start by buying 2 contracts, with a 1 contract limit order above and a 2 contract stop order below. Once the 1 contract profit taking order above is hit, the stop loss would first be reduced to 1 contract and then move to break even. I can't seem to set this up in the custom atm strategy dialogue. Any help greatly appreciated.

    #2
    Hello trader3000a,

    Thanks for your post.

    Here are some images of a strategy that accomplishes this. It will create two targets. One will have a 10 tick stop loss and profit target. The other will use a stop loss that will auto breakeven after 9 ticks in profit. It will not use a profit trigger to create a runner.

    Please see the documentation below for examples on setting up both Auto Breakevens and Auto Trails for ATM strategies. Examples of ATM strategies using stop strategies are included in the publicly available links below.

    ATM strategy documentation - https://ninjatrader.com/support/help...gement_atm.htm

    ATM Auto Breakeven - https://ninjatrader.com/support/help..._breakeven.htm

    ATM AutoTrail - https://ninjatrader.com/support/help...auto_trail.htm

    Please let me know if I can be of further assistance.
    Attached Files
    Shawn B.NinjaTrader Customer Service

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      #3
      awesome, got it going! thanks, Shawn
      is there a way to make the initial buy order using stop orders instead of limit orders to play the momentum instead of trying to get the order in at just the right moment?
      Last edited by trader3000a; 06-19-2021, 04:14 PM. Reason: one more question...

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