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Bracket help

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    Bracket help

    I would like to bracket the dow on open. By bracket i mean 10 points above and 10 points below so i can catch the market volatility in the morning. I would like to set up an ATM that when position is triggered long or short it will cancel the other order adn set a 10 point trailing stop.Any help would greatly be appreciated.

    #2
    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.

    Click here complete schedule of our various free training sessions


    Click here for more information on submitting orders in the SuperDOM

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      #3
      Is there anyway to automate this at all?

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        #4
        You can create automated strategies using NinjaScript. More information can be found at the link below.

        Comment

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