How to place a new order with ATM as second order in winning trade. If the market is moving in a winning direction, after 50 ticks I would like to place a second order with a different target and Stoploss. Now, when I place an order, target and SL are going to the same place as in the first order (ATM) was placed. Thank you.
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Placing an second order with ATM
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Placing an second order with ATM
Hi.
How to place a new order with ATM as second order in winning trade. If the market is moving in a winning direction, after 50 ticks I would like to place a second order with a different target and Stoploss. Now, when I place an order, target and SL are going to the same place as in the first order (ATM) was placed. Thank you.Tags: None
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Welcome to the forums Frederick_Herz_11!
Triggering order submissions for entry orders with ATM strategies attached can be done from Chart Alerts, or from unlocked NinjaScript strategies. It would not be possible within the ATM strategy template itself to create a new entry order.
Without automation, you can manually submit a new ATM strategy with different target and stop parameters any time you wish. You would just have to change the ATM Strategy Selector to select a new ATM strategy (the ATM strategy with the new target/stop) and then submit your new entry order. When the new entry order fills, the new ATM strategy's target and stop will be deployed to protect that new entry.
ATM strategy documentation can be found here - https://ninjatrader.com/support/help...gement_atm.htm
Let us know if you have any additional questions.JimNinjaTrader Customer Service
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