Scaling Into Positions

[rtj4201]

I use Interactive Brokers. They have the option of allowing trader to determine entire lot size and then scale into position with preset settings and amounts.

Can this be done with the ATM strategy. The ATM strategy is great with scaling out; however, is it possible to say scale in with three entry orders directly from the ATM without having to manually enter three entry orders?

[NinjaTrader_Brandon]

Hello rtj4201,

Thanks for writing in.

You can pre define the the QTY you would like to scale in by right clicking on your order entry window and selecting Properties
Under Scale Quantity set the value you would like to use
Press Apply and OK
Now after you enter into a position with your ATM Strategy your QTY will automatically adjust.

[rtj4201]

Where is the order entry window you are referring to?

[NinjaTrader_Brandon]

Hello rtj4201,

Thanks for your reply.

This would be the order entry window that you are using to place your ATM Strategy order such as the Chart Trader or SuperDOM.

[rtj4201]

Still not following. Right click on Chart Trader and I get Chart Trader Properties. No scale qty shown.

[rtj4201]

I may not be making myself clear. I want to enter three contracts of say ES. I want to buy 1 @ 1526, 1 @1525.50 and 1 @ 1525.25. I want to preconfigure the ATM to do it with one order. I am talking about entries not exits.

[NinjaTrader_Lance]

Hello,

ATM strategies will allow you to manage your exits through a single click but if you wish to place 3 different entry orders with a single click this would need to be done via a custom NinjaScript Strategy and is not possible through the current default interface.

The supported way:
Create a Strategy that places three entries based on a series of conditions

The unsupported way:
Create a button that can be clicked to place these three orders as desired.

Let me know if you are looking to take one of these paths and I'll provide you with the materials I can.

[wadams]

Hello,

The unsupported way:
Create a button that can be clicked to place these three orders as desired.

Let me know if you are looking to take one of these paths and I'll provide you with the materials I can.

Hi Lance,

I'd like some pointers on how to place multiple orders with a button.

Thanks,

wadams

[NinjaTrader_Lance]

Unfortunately there isn't a supported method for using custom buttons.

That being said some users have created there own buttons. You may try searching here to find out what others have done: http://ninjatrader.com/support/forum...ad.php?t=22435