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How to change strategy order to reverse position after placement?

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    How to change strategy order to reverse position after placement?

    I have been testing a very simple strategy in the SuperDOM (I am using the static version) that is nothing more than a stop loss order. Once I place the buy or sell order, the stop loss kicks in and everything is fine. However, there are times after I place the order where I would like to modify it to be a stop-and-reverse order instead of just a simple stop order. I can't seem to do this.

    When I click the reverse position checkbox, even though the stop order gets hit, nothing happens (i.e. I am just stopped out). The next time I place an order with the checkbox selected, it does of course work and does reverse me if the stop is hit, but this functionality doesn't work after I am already in a trade.

    This is obviously a design bug, as the software should be smart enough to know that I want to reverse my position when that checkbox is selected, even though I did not have it selected when I initially placed the order.

    Can someone (a) comment on this, (b) please forward it to the devel team to fix for the next version, and (c) please tell me an easy way that I can modify my stop loss order to be a stop-and-reverse once the price is hit.

    Thanks!

    #2
    Originally posted by JS999 View Post
    I have been testing a very simple strategy in the SuperDOM (I am using the static version) that is nothing more than a stop loss order. Once I place the buy or sell order, the stop loss kicks in and everything is fine. However, there are times after I place the order where I would like to modify it to be a stop-and-reverse order instead of just a simple stop order. I can't seem to do this.

    When I click the reverse position checkbox, even though the stop order gets hit, nothing happens (i.e. I am just stopped out). The next time I place an order with the checkbox selected, it does of course work and does reverse me if the stop is hit, but this functionality doesn't work after I am already in a trade.

    This is obviously a design bug, as the software should be smart enough to know that I want to reverse my position when that checkbox is selected, even though I did not have it selected when I initially placed the order.

    Can someone (a) comment on this, (b) please forward it to the devel team to fix for the next version, and (c) please tell me an easy way that I can modify my stop loss order to be a stop-and-reverse once the price is hit.

    Thanks!
    Hello JS999,

    Thank you for your post.

    Once you have entered a trade with an ATM Strategy attached, right click within the price ladder and choose Reverse At Stop. Please confirm whether or not your pending Stop doubles in quantity.

    I have provided a link to our Help Guide that goes over the Auto Reverse feature.


    Please let me know if I may be of further assistance.
    Christopher J.NinjaTrader Customer Service

    Comment


      #3
      Excellent... that seemed to work, thanks! I would still suggest that a feature be added just in case the user selects the reverse at stop checkbox after a trade is placed, to make it do the same thing... it would be intuitive to do it that way, in addition to the right-click menu.

      Thanks again!

      Originally posted by NinjaTrader_ChristopherJ View Post
      Hello JS999,

      Thank you for your post.

      Once you have entered a trade with an ATM Strategy attached, right click within the price ladder and choose Reverse At Stop. Please confirm whether or not your pending Stop doubles in quantity.

      I have provided a link to our Help Guide that goes over the Auto Reverse feature.


      Please let me know if I may be of further assistance.

      Comment

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