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How Trigger Order using ATM?

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    How Trigger Order using ATM?

    Hello. Could you please adivse is there any possobility to implement the following order placement via ATM:

    Assume I would enter Long.
    I place a buy order below the current price (either Buy Stop Limit or Buy Stop Market), which should wait while price passthrough the order down for e.g 2 tick, then buy order became active to buy when the price retun to move up.

    Similar for enter short.

    I tryied to play with chasing settings, but seem this doesnt help


    thanks in advance

    Andrey

    #2
    Hello Andrey,

    Please note that your buy entry order needs to be a Buy Limit order if you submit it below the current price. You would submit a Buy Stop Market or Buy Stop Limit order above the current market price.

    ATM strategies can't be used to submit the entry order. When you use ATM strategies, you will need to submit the entry order manually. ATM strategies submit stop loss and profit target orders once your entry order fills.

    Unfortunately I don't see a way to submit such an order with an ATM strategy.

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