Chart Trader: OCO entry with ATM Strategy

[cw30000]

Is there anyway to do an OCO entry when an ATM strategy is use?

Thanks

[NinjaTrader_Jason]

Hello cw30000,

One of the great features of NinjaTrader is its ability to submit two entry orders, one which will cancel if the other is filled.
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.