ATM Strategy Help

[n8dogg59]

I have a simple ATM Strategy when trading the NQ. When I enter it automatically puts a stop at 7.5 points and a target at 15 points. My issue is that I don't want to combine orders when I have separate entries. For example, I enter 1 contract at 7750 then a stop is placed at 7757.50. When I enter another contract at 7751 a second stop order is placed at 7757.50 just like the first. I'd like to have the second stop placed separately at 7.50 points, 7758.50. Is there a way to do this?

[NinjaTrader_Marco]

Hello,

Thanks for posting to the forums.

This would be possible by setting up multiple targets with the "add" button on the ATM screen, and creating separate Stop Losses for each target.

More information can be found below in our Help Guide article regarding this topic:

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

Please let me know if I may be of any further assistance.

[n8dogg59]

That's not really what I'm looking for. I'm not talking about multiple exits/targets with one entry. I'm saying I enter one contract and it has a 15 point target and 7.5 stop. 5 minutes later, neither the first target or stop are hit, I enter another contract with a completely separate order and the same stop and target parameters but instead of adding separate stops and targets where they're supposed to be they just get added on to where the first stop and target are. I feel like I'm doing a bad job of explaining a simple thing so I attached a picture. This morning I entered short at 7742.50 and 7743.50, just sim order to show this example. Attached are the pics of the targets and stops. There should be two targets at 7727.50 and 7728.50 and two stops at 7750 and 7751. Instead they are both at the same place shown in the picture. How do I get separate them to be placed separately where they're supposed to be?

[NinjaTrader_Ariana]

Hello n8dogg59,
Thank you for your post.

To always create a new set of Stop Loss and Profit Target brackets (new ATM Strategy) with each new order placed, you will need to have "Keep Selected ATM Strategy Template on Order Submission" selected in the selection mode.

Please follow the steps to achieving this:

1. In the Chart Trader window, right click on the Chart Trader selection of the window to retrieve the right click menu.
2. Then select properties.
3. In the Chart Trader Properties window, there will be a setting "ATM strategy selection mode.
4. Click the drop down and select "Keep Selected ATM Strategy Template on Order Submission".
5. Click Apply, then close the window.

I have linked a page from our Help Guide to further assist:

https://ninjatrader.com/support/help...ction_mode.htm

Please let me know if I may be of further assistance.

[n8dogg59]

Yes! Thank you so much. I should have asked this question months ago.