Entries Per Direction on ATM Strategy?

[PLeary]

I'm using a simple ATM Strategy that is triggered by an Alert.

Is there a way to limit the # of open trades to 1? In other words, if the Alert triggers, and there is already 1 open order in that direction, I want it to NOT submit the order.

I see there is something in Strategy Builder for this, which I will look into if that's the best way. Thanks!

[NinjaTrader_Tyler]

Hello PLeary,

Thanks for posting.

For a live account, this would be a setting applied to the account by your brokerage. Please contact them directly for more information. If your account is with NinjaTrader Brokerage, please reach out to brokeragesupport[AT]ninjatrader[DOT]com.

For a simulation account, this may be done by creating a Risk template and applying it to the account. Below is a link with more information:

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

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

[PLeary]

Thank You Tyler. I contacted NT Support, and they were able to set the limitation on my account for MES instrument only (to have only 1 contract open at any time). There is no charge for doing this, and they were able to do it within an hour or so.