creating ATM strategies for multiple contracts

[hdge4u]

I would like to create an ATM strategy that will provide the following entry and exit conditions

to enter 5 contracts with a defined stop limit for all 5 contracts

to have multiple exit target conditions

***currently I am only finding it possible to have entry of 5 contracts and exit of 5 contracts. i am unable to parse or split up orders once they are placed.

please advise.

screen shots or video explanations would be most helpful.

[NinjaTrader_Erick]

Hello hdge4u,

Thank you for reaching out.

The image below is an example of a 5 contract ATM template, with all contracts having the same Stop Loss, and each having its own Profit Target:



ATM Strategies will allow you to have Stop Loss and Profit Target orders placed automatically once an Entry order Fills.
These orders will act as OCO (One Cancels the Other) orders, meaning that once either your Profit Target or Stop Loss order(s) are filled, the other will be automatically canceled.

Within ATM Strategies, you may also create Stop Strategies which allow you to have your Stop Loss orders Auto Breakeven or Auto Trail at specified triggers.

We always recommend practicing your ATM Strategies on the Sim101 account to ensure that they behave how you are expecting. Connecting to the Simulated Data Feed will allow you to Trend the market in a specific direction to quickly and easily test your strategies.


NinjaTrader 8 Help Guide Links, for your reference:

• ATM Strategy Parameters
• ATM Strategy Templates
• Stop Strategy — Auto Trail & Auto Breakeven Parameters
• Simulated Data Feed

I have also provided links below to a couple of ATM Strategy webinars from our publicly available YouTube Channel. These videos provide complete walkthroughs of ATM Strategies and Stop Strategies. I highly recommend watching and following along with the examples from these videos on your own platform to become comfortable with ATM Strategies.


NinjaTrader YouTube — ATM 201: ATM Strategy Basics

https://youtu.be/DH9y-j64X1U

Please let us know if you have any other questions after reviewing the above.