Server Side ATM

Server side ATMs function independently of one and another. There is no active ATM strategy to select to scale in/out of. Every entry you make will place it's stops and profit in relation to your entry order.

Example: If you entered long 1 contract on the ES at 3976.50 with a stop loss and profit of 10, your stop loss would be placed at 3974.00 and your profit would be placed at 3979.00. If you then scaled in 1 contract with your ATM at 3976.00 a new stop loss would be placed at 3973.50 and a new profit would be placed at 3979.00

The same would be true if you were to enter long 1 contract with your ATM and then enter short 1 contract with your ATM. In this scenario you would be flat, but your stop losses and profits would still be running. You would want to click Close to exit your position and cancel the the stop loss/profit.

Example:  If you entered long 1 contract on the ES at 3976.50 with a stop loss and profit of 10, your stop loss would be placed at 3974.00 and your profit would be placed at 3979.00. If you then entered short 1 contract with your ATM a new stop loss would be entered at 3978.25 and a new profit would be placed at 3973.25, but you would be flat.

Local ATM

With local ATMs there is an active ATM which you can choose to scale in/out of. There is a property called ATM Strategy Selection Mod, which defaults if the active ATM should be selected or not. The Keep selected ATM strategy template on order submission selection functions similar to server side ATMs. However, the default that many people are familiar with works differently. The default is Select active ATM strategy on order submission. There is also a Display selected TM strategy only mode. For more information on all these modes, see the ATM Strategy Selection Mode section of the help guide. However, for this example we will focus on the default setting.

By default, after entering into a position with an ATM your active ATM will be selected. As you scale in/out, that will then add/subtract to the nearest stop loss/profit of your ATM.

Example: If you entered long 1 contract on the ES at 3976.50 with a stop loss and profit of 10, your stop loss would be placed at 3974.00 and your profit would be placed at 3979.00. If you then scaled in 1 contract with your ATM at 3976.00 your existing stop loss and target would get stacked with an additional order at the same price.

The same would be true if you were to enter long 1 contract with your ATM and then enter short 1 contract with your ATM. In this scenario you would be flat, but the scaling out of the ATM would also remove the stop loss and target.

Server Side ATM

With server server side ATMs clicking Rev while in an ATM will exit your position, cancel your orders, and enter your into a position on the other side of the market without an ATM strategy.

Example: Enter long 1 contract with an ATM, press Rev. Now you are short 1 contract without a protected stop loss and profit.

Local ATM

With local ATMs clicking Rev while in an ATM will exit your position, cancel your orders, and enter your into a position on the other side of the market with an ATM strategy.

Example: Enter long 1 contract with an ATM, press Rev. Now you are short 1 contract with a protected stop loss and profit.

Server Side ATMs

When canceling a stop loss or profit of a server side ATM the other order will stay active until it is also manually canceled or filled. However, if a stop loss or profit is filled, the other order will be canceled.

Local ATMs

When canceling a stop or target of a local ATM the bracket of the order will also be canceled. Additionally, if a stop loss or profit is filled, the other order will be canceled.

Server Side ATMs

When placing an entry order with a server side ATM, the stop loss and target will show also. They will be in a suspended state, indicating they will not be working until they are triggered by the entry order filling. You can identify them as suspended order by the + next to the order quantity. The prices of these orders can be modified before the entry is filled.

Local ATMs

When placing an entry order with a local ATM, the stop loss and profit will not show. They cannot be modified before the entry is filled.

Server Side ATMs

There are 3 Parameter type selection for server side ATMs. They will all function the same, but just display the values in the specified format.

Local ATMs

There are 5 Parameter type selections for local ATMs. Each functions differently than the other.