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How to change quantity of a brack order
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How to change quantity of a brack order
Current I have a TP of 100 and SL of 95 on a bracket (ATM Strategy order). If I set the quantity of the order to 2 and enter a position, it will make it so the total exit is $100 for both orders. Is there a way to make it so that if I want 2 positions on that bracket to both come out at $100 TP each without hitting buy bid or sell ask twice?Tags: None
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Hello ebaydan777,
Sorry I'm not quite sure if I understand. You would set the order quantity field to 2 in the order entry window you use (which you already do). Subsequently you only have to submit an entry order once as it will be submitted with a quantity of 2. ATM orders will be submitted with a quantity of 2 as well.
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Correct but the two orders combined with the TP I set in the ATM of 100 is where it stops. Instead shouldn't it go to 200, 100TP each per position instead of a total of 100 for both positions?
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No, if you have a value entered of 100 for 'Profit' in the ATM strategy, the profit target (regardless of quantity) is submitted at 100 and not 200.Last edited by NinjaTrader_Jason; 05-26-2021, 05:06 AM.
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I took a screenshot. It does 110 TP with 90 SL https://i.imgur.com/rEvaRO0.png Am i missing something?
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Looks like mine is setup the same way: https://i.imgur.com/LT5Roue.png
instead of each position trying to TP at 105, it combines the two for a total of 110 between both. Not sure why
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Ok, so you don't enter the position with an entry order that has a quantity of 2, correct? You submit 2 separate entry orders with a quantity of 1. Could it be these 2 entry orders execute at a different price and so you get an average entry price? You can find order execution prices at Control Center-->Executions-tab.
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No, I have quantity 2. But they enter at the same price according to the ATM. problem is for some reason they combine for a total of $105 profit instead of having them each set for a profit of 105 to total $210. I have no idea why.
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