ATM Trade Strategies

Jdh320 · 2021-01-15T12:37:55+00:00

Hello Is it possible to build predefined exit strategies such as the ATM’s in Ninjatrader for futures? For example if I click buy at market it automatically sets my stop and multiple targets for example I buy 3 lots and it populates 1 target at say 10 ticks with an OCO stop 10 ticks away, a second target at 20 ticks with an OCO stop at 10 ticks and a third target at 30 ticks with an OCO stop at 10 ticks? The distances of which can be varied prior to entry? Thanks Joe

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01/15/2021 at 1:37 PM #157946 quote

Jdh320
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New

Hello

Is it possible to build predefined exit strategies such as the ATM’s in Ninjatrader for futures?

For example if I click buy at market it automatically sets my stop and multiple targets for example I buy 3 lots and it populates 1 target at say 10 ticks with an OCO stop 10 ticks away, a second target at 20 ticks with an OCO stop at 10 ticks and a third target at 30 ticks with an OCO stop at 10 ticks? The distances of which can be varied prior to entry?

Thanks

Joe

01/16/2021 at 2:47 PM #158068 quote

GraHal
Participant

Legend

You’d have to click 3 times and make adjustments to stops in between ticks, but still less than 10 seconds to execute all 3 trades.

Re the OCO … if your target / TP is met and trade exited / closed then the stop / SL linked to that trade would be cancelled automatically and so OCO is achieved?

01/16/2021 at 2:49 PM #158069 quote

Jdh320
Participant

New

Yeah that’s too slow as I’m a high volume scalper, I just wondered whether that could be coded.

01/16/2021 at 3:20 PM #158078 quote

fifi743
Participant

Master

hello,
it must be done with API IG with another language.
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