order management and strategy wizard

[billm]

Hello,

I need assistance automating my order management process and thus far have been unable to find a way to do so with the strategy wizard.

I currently use the MTPredictor add-on for Ninja Trader 6.5 to assist in trade selection. My order management, however, is not efficient as there is no integration with Ninja Trader. So, for every trade I follow the procedure below:
1. manually select a unique ATM breakeven strategy for the trade,
2. type a unique order quantity,
3. point & click to enter the order at the correct price,
4. wait for a fill and the ATM strategy to move the stop to break even,
5. change the breakeven stop order to then trail the stop,
etc., etc.
I often miss entries and follow-up order changes trying to follow these steps manually on several markets - especially in today's volatile environment.

The attached annotated graph shows the above process. Does anyone have experience programming Ninja Trader for this kind of problem?

Thank you for your assistance.
-Billm

[NinjaTrader_Ben]

Hello Billm,

If you can build a specific criteria/conditions for the order placement etc. you should be able to do it in the Strategy Wizard:

http://www.ninjatrader-support.com/HelpGuideV6/Overview41.html

I suggest building some simple ones at first then progressively get more complex. If you get stumped provide use with the exact details of your disired conditions and screen shots of your best effort to duplicate it, and we will give you pointers to help you. It may take a little practice.