How would I use OCO or ATM to accomplish the following

[Forexdude]

Hello,

I am a trader that would like to execute the following strategy:

1. Have a trade executed with a stop loss and take profit.

2. If the trade is executed and the market continues going in the same direction by a certain number of points, reenter the market with a new trade.

3. If the trade is executed and the market moves against me, and in the opposite direction, enter a trade in reverse.

4. If a trade is taken at a loss, and the market returns to the original starting point, reenter a the same trade.

I would appreciate any thoughts.

Thanks

[NinjaTrader_Jesse]

Hello,

Thank you for the question.

For what you are asking, I do not believe this would be possible using only an ATM strategy.

An ATM strategy can certainly submit StopLoss and Profit Target orders, but would be unable to submit an entry later when one of the stops is hit. ATM strategies submit the entries at the same time initially and then manage those entries with the stops. For what you are wanting a custom NinjaScript strategy would be needed.

I look forward to being of further assistance.