ATM Stop Loss

[ezrollin]

How can I set up an automatic stop loss (like on an ATM) that wont mess up my strategies?
LIke if I just manually enter a trade on my live account, it automatically sets up the stop loss to protect me from disconnects?
I have noticed in the past that my ATM just stopped even activating so I figured I was doing it wrong? thanks

[NinjaTrader_ChrisL]

Hi ezrollin, thanks for posting.

All of the orders submitted to the instrument should be submitted by the strategy if there is a strategy running on that instrument on the same account. If the manually placed stop loss exits a position that the strategy was managing it will cause the strategy to go out of sync with the account position. An ATM strategy also requires an filled entry order to manage a stop loss so it would also de-sync the strategy position. The strategy is going to need to submit an Exit order and implement trailing logic on price action. You can move an order by either calling the same order method, using the same signal name and a different price or use the ChangeOrder() method.

[ezrollin]

will 2 different strategies play nicely together?? (running seperately)

[NinjaTrader_ChrisL]

Hi ezrollin, thanks for the follow up. We do not recommend running two separate strategies on the same account and same instrument. The two strategies should be combined into one so that you prevent throwing one strategy out of sync with the account position.

Kind regards,
-ChrisL