You may have a maximum of three Profit Targets per ATM Strategy, but you can modify these targets quickly and easily with the Single Click Order Modification and scale in and out as needed. With these methods you will be able to scale out contracts as quickly as needed at any number of price points.

See the Modifying Orders section for more information on Single Click order Modification and scaling in and out of an active ATM Strategy. Click here for a full schedule of our free live training events!

No, the Stop Loss and Profit Target orders submitted automatically through an ATM Strategy are OCO by default meaning that when your target is filled the stop will automatically be cancelled. The OCO function in each of the order entry windows can be used to manually link orders you place.

Please see the Submitting Orders section for more information and examples of the OCO function, or attend one of our free live training events to see further examples.

Absolutely, NinjaTrader's Strategy Selection Modes allow you to limit the display in the SuperDOM so that you can run concurrent ATM Strategies.  One of the great features of NinjaTrader is its ability to manage multiple virtual positions in the same market. For example, this allows you to manage a long and short position in the same market simultaneously.

Here is how this is accomplished:

For more information please see the ATM Strategy Selection Mode section of the user help guide, or attend one of our free live training events.

Your Stop Strategy will never move your Stop Loss backward.  The Stop Strategy will only move your stop closer to the current trading price.

Example:

If the first step of your Auto Trail has the Stop Loss trailing by 5 ticks and then the second step of the Auto Trail tells the Stop Loss to trail by 10 ticks the Stop Loss will simply stay at its current price point until there is a 10 tick spread between the Stop Loss and the current trading price and then begin to trail by 10 ticks.  The Stop Loss will not move backwards when the second step of the Auto Trail is activated.

For more information on the Auto Trail feature please see the Auto Trail section of the user help guide or attend one of our free live training events.

When building an ATM Strategy each Profit Target must be greater than the Profit Target before it.  Example: The Profit Target for 1 Target must be less than the Profit Target for 2 Target.  Also each Stop Loss must be must be equal to or greater than the Stop Loss before it.  Example: The Stop Loss for 1 Target must be equal to or less than the Stop Loss for 2 Target.  The Parameters listed below show the correct way to enter the values listed above.

Please see the ATM Strategy Parameters section of the user help guide for further information.

Absolutely, NinjaTrader gives you the flexibility to use these strategies alone or to combine them.  However, when using these features together please be aware of the following:

In order to use an ATM Strategy you must have it selected before you enter your order.  There is not a way to add an ATM Strategy to an open position, however, you can bracket an open position using the OCO function.

If you have an open position without an ATM Strategy attached, and you wish to add limit and stop orders to protect the position follow these steps:

Now you have a target and a stop placed protecting your open position, and when one of these orders is filled the other will be cancelled automatically.

If you want a target in your ATM Strategy to have a Stop Loss only then set the Profit Target to zero.