The unique identifier for the ATM strategy

[WalterSkinner]

I'm working on a strategy that is meant to close a manually entered trade via trail stop.

It looks like I'll need to include this line of code in SetDefaults:

IsAdoptAccountPositionAware                 = true;

And then use ATM strategy methods to change the price of the stop.

The AtmStrategyChangeStopTarget() method has four parameters:

limitPrice	Order limit price
stopPrice	Order stop price
orderName	The order name such as "Stop1" or "Target2"
atmStrategyId	The unique identifier for the ATM strategy

And here's the example:

protected override void OnBarUpdate()
{
    AtmStrategyChangeStopTarget(0, SMA(10)[0], "Stop1", "AtmIdValue");
}

So, it seems like what you would do it set IsAdoptAccountPositionAware to true and then instead of SetStopLoss() we'd use AtmStrategyChangeStopTarget().

If we're just trying to trail the stop:

1. leave limitPrice = 0 ?
2. set stopPrice to wherever you're trying to move the new stop
3. how do you get "orderName" and "atmStrategyId" for trades you place manually??

[NinjaTrader_ChelseaB]

Hello WalterSkinner,

IsAdoptAccountPositionAware will not be in affect for orders placed manually or with Atm Strategies. Only orders placed with Native Strategy methods can be seen by the strategy (i.e. EnterLong() and SubmitOrderUnmanaged()).
From the help guide:
"Strategy set up parameters such as EntriesPerDirection, EntryHandling, IsExitOnSessionCloseStrategy do not apply when calling the AtmStrategyCreate() method
Executions from ATM Strategies will not have an impact on the hosting NinjaScript strategy position and PnL - the NinjaScript strategy hands off the execution aspects to the ATM, thus no monitoring via the regular NinjaScript strategy methods will take place (also applies to strategy performance tracking)"
https://ninjatrader.com/support/help...strategies.htm

This would not be possible with the Strategy Atm methods to attach to a manually placed order.
The order would have to be submitted by the Strategy with AtmStrategyCreate(). The entry order name and entry orderId and atmStrategyId would be generated by you. See the example in the help guide.
https://ninjatrader.com/support/help...tegycreate.htm

You could add a button, and when the button is clicked submit an order with AtmStrategyCreate().
https://ninjatrader.com/support/foru...18#post1126818

If going with that approach, yes, AtmStrategyChangeStopTarget() would be used to modify any existing stop or target.
https://ninjatrader.com/support/help...stoptarget.htm


That said, it might be possible using the Addon approach from the <Account>.Orders collection or .OrderUpdate event method handler to supply the order to StartAtmStrategy() to attach this to an existing manually placed order. I haven't tested this however.
https://ninjatrader.com/support/help...rs_account.htm
https://ninjatrader.com/support/help...rderupdate.htm
https://ninjatrader.com/support/help...tmstrategy.htm

The AddOn Framework NinjaScript Basic shows some further work with Atm strategies.
https://ninjatrader.com/support/help...t_overview.htm


If you are planning to control the trailing movement with logic, it may be beneficial to just use logic instead of Atm Strategy methods.
https://ninjatrader.com/support/foru...269#post802269

[WalterSkinner]

Hello WalterSkinner,

IsAdoptAccountPositionAware will not be in affect for orders placed manually or with Atm Strategies. Only orders placed with Native Strategy methods can be seen by the strategy (i.e. EnterLong() and SubmitOrderUnmanaged()).
From the help guide:
"Strategy set up parameters such as EntriesPerDirection, EntryHandling, IsExitOnSessionCloseStrategy do not apply when calling the AtmStrategyCreate() method
Executions from ATM Strategies will not have an impact on the hosting NinjaScript strategy position and PnL - the NinjaScript strategy hands off the execution aspects to the ATM, thus no monitoring via the regular NinjaScript strategy methods will take place (also applies to strategy performance tracking)"
https://ninjatrader.com/support/help...strategies.htm

This would not be possible with the Strategy Atm methods to attach to a manually placed order.
The order would have to be submitted by the Strategy with AtmStrategyCreate(). The entry order name and entry orderId and atmStrategyId would be generated by you. See the example in the help guide.
https://ninjatrader.com/support/help...tegycreate.htm

You could add a button, and when the button is clicked submit an order with AtmStrategyCreate().
https://ninjatrader.com/support/foru...18#post1126818

If going with that approach, yes, AtmStrategyChangeStopTarget() would be used to modify any existing stop or target.
https://ninjatrader.com/support/help...stoptarget.htm


That said, it might be possible using the Addon approach from the <Account>.Orders collection or .OrderUpdate event method handler to supply the order to StartAtmStrategy() to attach this to an existing manually placed order. I haven't tested this however.
https://ninjatrader.com/support/help...rs_account.htm
https://ninjatrader.com/support/help...rderupdate.htm
https://ninjatrader.com/support/help...tmstrategy.htm

The AddOn Framework NinjaScript Basic shows some further work with Atm strategies.
https://ninjatrader.com/support/help...t_overview.htm


If you are planning to control the trailing movement with logic, it may be beneficial to just use logic instead of Atm Strategy methods.
https://ninjatrader.com/support/foru...269#post802269

Thank you so much for taking the time to share all of this, I really appreciate it!

Before I dive in, when you say logic do you mean rather than manually updating the price of the stop I'm able to simply flatten the trade using code?

If that's possible it would be awesome.

[NinjaTrader_ChelseaB]

Hello WalterSkinner,

Logic would be the conditions, assignments, and method calls in OnBarUpdate(), OnOrderUpdate(), and OnExecutionUpdate() used to control the order price of the exit shown in the ProfitChaseStopTrailExitOrdersExample_NT8 and other examples.

If you want to close a position you can submit an order from the account in the opposite direction of the account position.

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

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

There is a flatten account, but this would also disable any strategies that have an open position.

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

[WalterSkinner]

Hello WalterSkinner,

Logic would be the conditions, assignments, and method calls in OnBarUpdate(), OnOrderUpdate(), and OnExecutionUpdate() used to control the order price of the exit shown in the ProfitChaseStopTrailExitOrdersExample_NT8 and other examples.

If you want to close a position you can submit an order from the account in the opposite direction of the account position.

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

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

There is a flatten account, but this would also disable any strategies that have an open position.
https://ninjatrader.com/support/help...t8/flatten.htm

Flatten might be the easiest.

If the only strategy running is the strategy that uses flatten, is it disabled as well?

[NinjaTrader_ChelseaB]

Hello WalterSkinner,

The strategy would not have any open positions if it is not placing orders with strategy methods, so I would not expect the strategy to be disabled.