ATM Strategy

[oneybuchi2]

All,

Hope you're doing well. I need help creating an ATM strategy.

I'm trading ES.
Ideally, I would like to trade 3 contracts.
My stop loss is 7 points.
I would like to sell 1 contract at 10 points (and then move the stop loss for the remaining contracts (2) to breakeven).
I would like to sell 1 contract at 20 points
And I would like to sell the remaining 1 contract at 30 points

Can someone help me with this ?

[Emma1]

The ATM , are these statements to be applied directly to the ATM?

[oneybuchi2]

yes, they are to be applied directly to the ATM ? Where else could they be applied outside the ATM ?

[NinjaTrader_Erick]

Hello oneybuchi2 ,

Thank you for reaching out.

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

• ATM 301:
  https://www.youtube.com/watch?v=DH9y...f&index=9&t=0s

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

[oneybuchi2]

all your videos are super confusing and don't really explain what I'm looking to accomplish. Who can help me set this up ?