ATM Strategies and FIFO rule (forex). Does it work with a US based broker?

[Monique]

Have anyone tried to use the ATM option in Forex with a US based broker? Does it work at all because of the FIFO rule?

Thanks for your input.

[NinjaTrader_RyanS]

Hello,

FIFO shouldn't affect the placement and OCO functionality of your stop and target orders, however this may affect stop and target levels if scaling into a position. I've linked to our help guide below going over ATM strategy selection modes which will vary how subsequent entries are handled with the same active ATM strategy instance:

https://ninjatrader.com/support/helpGuides/nt8/atm_strategy_selection_mode.htm