OCO straddle with ATM

[plemal]

Also if these different orders are not embedded within the same ATM-are would they be charged separate trade commission on either the entries or exits or both??

[NinjaTrader_Jason]

Hello plemal,

You will need to setup 3 different ATM strategies since your entry order fills at three different prices. You will submit 3 entry orders with each a seperate ATM strategy attached. Unfortunately it is not supported to submit an entry order that will fill at three different prices and that will use a different ATM strategy per entry order. You can setup 3 different ATM strategies when the entry order is submitted at one price.

The 'ATM strategy selection mode' needs to be set to 'Keep Selected ATM Strategy Template on Order Submission'. That way each ATM strategy will submit its stop loss and profit target at the price levels setup per ATM strategy. If you leave 'ATM strategy selection mode' to the default setting of 'Select Active ATM Strategy on Order Submission', it will combine the stop loss and profit target orders of each ATM strategy. More information regarding the 'ATM strategy selection mode' can be found at the link below.

http://www.ninjatrader.com/support/helpGuides/nt7/atm_strategy_selection_mode.htm

As far as I know each trade will be charged seperate. I suggest to contact your broker for clarification as per the commission that they apply.