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Scale into an ATM

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    Scale into an ATM

    I have a strategy defined as 3 contracts with 2 profit targets. Two contracts are assigned to PT1 and the third contract is assigned to PT2.

    On the chart trader I set the Qty field to 1 and I place 3 entry orders on the chart. Theses are my scale in orders. Every thing appears to operate correctly when the first 2 scale in orders are executed. PT1 is adjusted correctly based upon the average price. However, when the 3rd, and finale, order is filled. I do not get a PT2 target. That 3rd contract is assigned to PT1.

    I was expecting a PT2 order to appear based upon the average price. Is my expectation wrong? In Chart Trader Properties, ATM Strategy Selection mode is SelectActiveAtmStrategyOnOrderSubmission.

    Thanks

    #2
    Hi,

    Please change the ATM Strategy Selection Mode to 'Keep Selected ATM Strateg on Order Submission' and then scale in.
    Vince B.NinjaTrader Customer Service

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