Oco question

[joemiller]

consider the following set of OCO orders ---
I bracket a one contract short position with a stop order to buy one contract to go flat and a target order to buy 2 contracts to reverse my position.

if the target is hit, I want the new [reversed] long position to then be automatically protected by a stop.

is there a way to do so? ... like maybe with an ''enter an order if a price is hit''.?

[NinjaTrader_Jason]

Hello joemiller,

This is possible upon using an ATM strategy. You can enable 'Rev at target' in the Advanced Options. See the link below.

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

It will submit the profit target for double the quantity, so when it fills you get into a reverse position. New ATM orders are submitted when you get into this new position.

Unfortunately this is not possible when you submit the OCO orders manually.

[joemiller]

thanks Jason,

is there a way for me to print out the atm section of the user guide?

[NinjaTrader_Jason]

You can find a .pdf file of our help guide at the link below.

http://www.ninjatrader.com/support/helpGuides/nt7/pdf/NinjaTraderVersion7HelpGuide.pdf

[joemiller]

apparently I must learn how to use superdom to use atm --- is that correct?
.
if so, please give me a link to the best superdom explanation, probably in the help guide? [I am not very familiar with PDF'S]

I trade only on a daily basis. one new position maximum per day.

[NinjaTrader_PatrickG]

Joemiller,

You may use any order entry window that you prefer with ATM strategies. In some of our training material, the SuperDOM is used as an example, however it is not a requirement. Please visit the links below for further information on ATM strategies, the SuperDOM, and Chart Trader.

Help Guide - ATM Strategies
Video Guide - ATM Strategy Level I
Video Guide - ATM Strategy Level II
Help Guide - SuperDOM
Video Guide - SuperDOM Basics
Video Guide - Chart Trader

[joemiller]

thanks Patrick

does ''You may use any order entry window that you prefer''

mean I can go on using chart trader?

[NinjaTrader_PatrickG]

Joemiller.

Yes, you can continue to use Chart Trader. However, as I mentioned before, some of our training material will use the SuperDOM to display how ATM strategies function. I would recommend first watching the Chart Trader video I linked in my previous post so that you can familiarize yourself with where the ATM controls are, then watching the ATM Strategy videos and following along using your chart.