2 Orders using ATM Startegy...

[fy260498]

Hi Support...

Is it possible to do this while trading from Chart Trader.

Lets assume ES in bound in the narrow range from 978.25 to 975.00.

My basic ATM Strategy would be
Stop Loss: 7 Ticks and Take Profit: 18 Ticks

I want to place 2 orders using the above simple ATM Strategy using Chart Trader.

Order 1: Buy Stop @ 980.00
Order 2: Sell Stop @ 973.00

When I am trying to do this, the first order is accepted by the system but the second is not saying that you cannot place this order.

Help from support is appreciated as how this can be achieved.

Thanks & best regards,
Yusuf SHAIKH

[NinjaTrader_Jason]

You can accomplish a breakout/breakdown approach by:

-Right click in the SuperDOM and select the menu "OCO Order" to enable this function

-For your first order, select the desired option from the "ATM Strategy" drop down list

-Submit your stop order to buy above the market

-For your second order, select the desired option from the "ATM Strategy" drop down list

-Submit your stop order to sell below the market

-CRITICAL Right click in the SuperDOM and select the menu "OCO Order" to disable this function

For a market fade approach just subsitute limit orders for stop orders. This entry technique is demonstrated in our free ATM Level I training class that we hold several times per week. You can find a complete schedule at the link below.

http://www.ninjatrader.com/webnew/trading_online_events.htm