ATM profit target with simulated stop loss

[mattstraw]

I have ATM set to have target and simulated stop loss, because my broker doesn't support OCO through NT. So I need my stop simulated or the broker will require additional buying power, thinking I have a new entry rather than stop loss.

However, it appears that if I get stopped out, the simulated stop is submitted and filled before the limit profit target gets cancelled. This would defeat the whole purpose. If the stop is submitted before the target is cancelled, the broker will still reject without more buying power.

Am I correct about the sequence of events if stopped out in this ATM setup?

Is there any way to have both the stop and target simulated at the same time?

Thanks!

[NinjaTrader_Kyle]

Hello,

Thank you for your post.

This sequence would be correct. The simulated stop will trigger as soon as conditions allow - the order does not wait for the target to be cancelled before submission occurs. Unfortunately, there is not a way to use a simulated target at this time however this is something development is considering adding support for in the future.