Buy & Sell Orders

[dalecraw]

How can I put in 2 simultaneous orders, one to sell & one to buy? This is in case price either rises or falls. Would one order also cancel the other?

Thanx for the help.

Dale

[NinjaTrader_Kyle]

Hello,

Thank you for contacting us.

Placing both orders at the exact same time would require custom programming. If you are not a programmer yourself any of the NinjaScript consultants listed at the following link could code this project for you: http://www.ninjatrader.com/partners....pt-Consultants

[dalecraw]

OK, maybe I should clarify.
I want to submit a buy limit order at a certain price in case the price goes up. I can do this by pushing the shift key & using my middle mouse button to select the price.

However, when I want to select a sell limit order using the same method, I get this error message:

"You can't submit an exit order to a strategy until any of it's entry orders has been filled."

If I enter a buy order, & the price goes down to my sell point (shorting), the only way I can enter a sell order is to use a market order, which is not the most efficient way. I then have to manually cancel the sell order.

In other words, I want to catch the price if it goes up or down, with profit & stop-loss targets entered. How can I accomplish this?

Thanx for the help.

Dale

[NinjaTrader_ZachS]

Hello Dale,

Thank you for your response.

To place orders in this way:

• Right click in the SuperDOM and select the menu "OCO Order" to enable this function
• For your first order, select the desired option from the "ATM Strategy" drop down list
• Submit your order to buy above the market
• For your second order, select the desired option from the "ATM Strategy" drop down list
• Submit your order to sell below the market
• CRITICAL Right click in the SuperDOM and select the menu "OCO Order" to disable this function

[dodo367]

Hello

Is there a video available how to place OCO-orders?
Following the description alone I do not understand how it works.

Thanks

[NinjaTrader_VinceB]

Hello,

We have a video available in our Help Guide here":

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

Check under the section 'Understanding the OCO order (one cancels other) function'

Furthermore we have more info about OCO as well in this video:

http://www.youtube.com/watch?v=vQT1LGCNh64&list=PL82A14C398CA140D7&index=1