Advanced Options

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Advanced Options

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All NinjaTrader order entry windows that offer ATM Strategies also include the Advanced Options.  The Advanced Options include: Shadow Strategy, Auto Chase, and Auto Reverse features.  You will find the Advanced Options from the ATM Strategy Parameters window by clicking on the More text (see the green arrow in the image below) which will expand these additional features.

 

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Reverse at Stop

This will enter a position in the opposite direction, using the same ATM parameters, when a stop loss is hit

Reverse at Target

This will enter a position in the opposite direction, using the same ATM parameters, when a profit target is hit

Target Chase

This will cause a profit target to move towards the market price, as price moves away from the target

Chase

This will cause a Limit entry order to move towards the market price as it moves away

Chase if Touch

Enables the Chase function only if the order has been touched

Stop Limit for Stop Loss

When enabled, this will cause Stop Limit orders to be used for stop losses (default is unchecked, so Stop Market used)

MIT for Profit

When enabled, this will cause MIT orders to be used for profit targets (default is unchecked, so Limit is used)

 

Note: The "Stop Limit for Stop Loss" will not apply to Equities or Forex instruments, as these markets do not support Stop Limit orders. If this property is enabled when trading a stock or forex instrument, Stop Market orders will be used, instead.