ATM: Stragegy please explain how it works with successive orders

[NinjaCustomer]

Let's say I have a TP 10, SL 20 ATM strategy

I jump in buy 1 contract

market moves +5 points, I add another buy 1 contract

market moves another +5 points, I add another 1 contract

market moves -15 points

what happens to the SL at each of these stages?

[NinjaTrader_EricB]

Hello,

Thank you for your post. Because the ATM Stop Loss / Profit targets are each linked with OCO, when the first or later targets /stop are hit due to the price action, the associated stop or target will cancel. See below for more on ATM features if needed.

https://ninjatrader.com/support/helpGuides/nt8/en-us/?advanced_trade_management_atm.htm

Let us know if we may assist further.

[NinjaCustomer]

ah so this means the SL and TPs are treated individually? 3 different SL and 3 different TP in my example? SLs would be triggered at 3 different prices?

I was just trying to make sense of how it looks when you open successive buys on the chart trader, where everything looks combined

[NinjaTrader_EricB]

Thank you for your reply.

If the same strategy is selected the orders will combine at the same price levels - orders can be separated or managed via the Control Center Decrease / Increase or Cancel buttons (right click > Properties to enable via check box). Using a separate strategy would allow at different price levels to be entered when adding to the position.

[NinjaCustomer]

I'm not using strategies just manual chart trader with atm

[NinjaTrader_EricB]

Thank you for your reply.

Sorry for the confusion -- my last reply is specific to ATMs or Advanced Trade Management semi-automated strategies, which are more manual than automated NinjaScript strategies. To clarify, by using a different strategy I mean via the ATM Strategy drop-down. I suggest testing via the Control Center > Connections > Simulated data feed option to best see the ATM order behavior.