OCO with ATM's

[pjsmith]

Hello,

if I right click, place a limit order to sell, then right click, place a limit order to buy, like I would with a naked bracket OCO order, but with an ATM selected, the second order is always rejected with a message saying the ATM order has to fill first. Is there a way to submit bracket orders, with an attached ATM on fill? Thanks.

[NinjaTrader_ChelseaB]

Hello pjsmith,

The error message is indicating an active ATM Strategy is still selected. This will be indicated in the ATM Strategy drop-down by a lightning bolt preceding the strategy name followed by dash and instance number.

To enter a trade, select an inactive strategy or select <custom> from the ATM Strategy drop-down. To use the same Atm Strategy again, select the original strategy that does not have the lightning bolt at the beginning.

Below is a link to the Atm 201 training video which demonstrates.
https://www.youtube.com/watch?v=Gnyx...tu.be&t=21m16s

Below is a link to the help guide on 'Understanding the ATM Strategy control list options'. Please see the title 'Active ATM Strategy Names'.
http://ninjatrader.com/support/helpG...rolListOptions

It is also possible to set a SuperDOM window or Chart Trader to keep the inactive strategy selected upon order entry.
This mode is designed for traders who by default, want to always create a new set of Stop Loss and Profit Target brackets (new ATM Strategy) with each new order placed.
To do this:

• Right-click the SuperDOM window or Chart Trader area in the chart, then select Properties.
• Under General, change the value for 'ATM Strategy selection mode' to 'Keep selected ATM strategy template on order submission'.
• Click Apply (Set Default if you would like) and OK

Below I have added a link to the help guide on 'ATM strategy selection mode' should you need a reference.
http://ninjatrader.com/support/helpG...SubmissionMode

The difference between these options is that you can either quickly scale in to an order with the same Atm Strategy by having the active strategy auto-select, or instead, you can quickly create a new order with a new Atm Strategy instance (for bracketing with opposing orders for example).


Last, elow I am providing links to videos that demonstrate using OCO to bracket the market with entry orders and how to select inactive Atm Strategies with each entry.

https://drive.google.com/file/d/1VeeLw_knPVYurEEq3zxOm30MRX4seOcE/view

https://youtu.be/YM1dP3bpVEE?list=PL3-s3qsUnfLQw4Ent-8wWeVYYjGUEYKym

[Walternet]

Thank you. This was helpful for exactly what I was looking for.