I have been playing around with the "chart trader" in NT and found the following problems. My examples are for EMini contract:
1. Say I have a limit buy order pending at 1400 and want to place another order at 1401 before filling 1400, NT will not accept that.
2. Adding positions: say I am long one at 1400 with a T1 at 1402 and stop 1398 (ATM strategy). Now I buy another at 1401. NT will average the price of both, showing the cost at 1400.50. Also the second set of target and stop is added to the previous levels, 1402 & 1398 in this example. So the chart will now show 2 contracts at cost of 1400.50, T1 2 contracts at 1402 even though the ATM price for the second contract calculates at 1403, and stop for 2 contracts at 1398. From here on the two contracts cannot be separated. If I want to cancel the bracket on one of the two, cannot do it. If I want to change the T1 or stop price on one of the two, cannot do it. The two contracts are locked together. I cannot manage the two positions separately. Is there a way I can manage the two postions separately?
3. In order to place an order without the bracket (ATM strategy as applied in the above example), I have to cancel the strategy or apply a different strategy. Right?
To me these problems are real limitations of the NT. If there are no current solutions for this, the developers should consider developing a fix now so those who want to can download it as an amendment to the program and not have to wait till the next version release.
Thanks for the help.
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