multiple orders

[qtmspin]

What is the best way to input these orders? I need to place them at the same time. I am using IB. I need to set and forget.

Buy Stop 134.40
Trail at 134.70 by 5 pips
Stop Loss 134

- or -

Sell Stop 132.40
Trail at 132.10 by 5 pips
Stop Loss 133

Matt

[NinjaTrader_Jason]

Hello Matt,

One of the great features of NinjaTrader is its ability to manage multiple virtual positions in the same market. This allows you to manage a long and short position in the same market simultaneously.

Here is how this is accomplished:

• Open 2 SuperDOMs and set them both to the same market
• Right click in on of the SuperDOMs and select the menu "Properties"
• Set the 'ATM Strategy selection mode' parameter to "DisplaySelectedAtmStrategyOnly"
• Repeat the last two instructions on the second SuperDOM
• Submit a buy order to open a long position in the first SuperDOM
• Submit a sell order to open a short position in the second SuperDOM

You can apply an ATM strategy to submit the stop loss. Please see the link below for more information.

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

In addition, more information regarding the Auto Trail stop strategy can be found at the following link.

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

[qtmspin]

what happens if NT goes down?

Im submitting stop orders away from the market. I need to know that the subsequent stoploss and take profit orders will be submitted even if I lose internet.

If I plug in the trades manually into IB then I can "attach auto stop" order to filled stop orders.

Is there a way for Ninja to input that type of order into IB?

[NinjaTrader_Jason]

Hello qtmspin,

If you lose internet, NinjaTrader will not be able to send orders at all.
However, if orders you sent receive an 'Accepted' or 'Working' status, they usually reside at the broker or exchange. If you lose connection, the order would still be active and executed when its price is hit.

http://www.ninjatrader-support2.com/vb/showthread.php?t=5349&highlight=order+reside

You can submit a manual stop order as stop loss to protect a open position.

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