ATM Strategy

[cre8it8]

Hi.

If I have a strategy that inputs orders into the ATM Strategy and I have Simulated Order selected in the DOM will the stop orders that are being submitted be Simulated Stops? If not is there code that I can write into my Strategy to make it submit Simulated Stops or Simulated Stop Limit orders into the ATM Strategy? Also, what is the difference between a Stop and a Stop Limit order coded in a strategy?

In a separate question, not in reference to the Simulated Stop, what is the best way to make sure that the Stop order submitted by the strategy only fills at the exact price? I don't want a market order or any slippage. I would rather it just fail to submit if it can't fill at the exact price. Below is a sample of the code I am talking about with one being just a Stop and the second being a Stop Limit with the Limit set at the same:

1. AtmStrategyCreate(Cbi.OrderAction.Buy, OrderType.Stop, 0, High[0]+ 5 *
TickSize,TimeInForce.Day, orderId, "AtmStrategyTemplate", atmStrategyId);

2. AtmStrategyCreate(Cbi.OrderAction.Buy, OrderType.Stop, High[0]+ 5 *
TickSize, High[0]+ 5 * TickSize,TimeInForce.Day, orderId, "AtmStrategyTemplate", atmStrategyId);

I hope I am making sense. Thanks for your help.

[NinjaTrader_RyanM1]

Hello cre8it8,

Stop loss orders for ATM can be simulated when you set a volume trigger. This is part of the stop strategy settings. Stop strategy settings are included with a specific ATM strategy template. When your strategy calls the ATM strategy these orders should then be simulated. You can set the volume trigger by changing stop strategy from none to custom. More information on simulated stops is here:

http://www.ninjatrader-support.com/HelpGuideV6/Overview12.html

If you would like to be filled only at the specified price or better, then stop limit orders are what you are looking for.

[cre8it8]

Thanks for getting back to me. I understand what you are saying about the Volume Trigger and I tested it out and it works great for the Stop Loss. The other thing that I want to know is how I can get my strategy to submit an order like if you submit an order with Simulated Stop selected on on the DOM and you manually center click the mouse and it puts in a SLM in the yellow Initialized status as apposed to the light blue Accepted status.

Also, thanks for the data you gave me on the regular SLM.

[NinjaTrader_RyanM1]

Hi cre8it8,

Unfortunately there's no way to set this from your NinjaScript automated strategy. Using the volume trigger for a stop strategy is the only way to submit a simulated order when using NS w/ ATM

You may consider the SetStopLoss() statements as well, which offer a simulated property you can set programatically.

http://www.ninjatrader-support.com/HelpGuideV6/SetStopLoss.html

[cre8it8]

Thanks for the data. I will look into them.