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AtmStrategyCreate using Buy StopLimit with StopPrice > LimitPrice

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    AtmStrategyCreate using Buy StopLimit with StopPrice > LimitPrice

    I want to start a Long (Buy) AtmStrategy using a StopLimit order as the triggering order, like so:
    When price reaches 1000, submit a Buy Limit order at price 999.
    I can do this manually with chartTrader by submiting a BuyStopLimit Order with negative Offset.
    With ninjascript though, an error "Limit Price can't be lower than Stop Price" is thrown.
    Is there any way around this restriction using AtmStrategy? Or will I have to use unmanaged order management instead (which I would rather avoid if possible)?

    #2
    Hello paramyther,

    Thanks for your post.

    You could use the AtmStrategyCreate() method to submit a Buy Stop Limit order for your entry order. Then, when that entry order is filled the ATM Strategy template passed into the AtmStrategyCreate() method would be placed on the chart to manage the protective orders.

    When it comes that error message you shared, you would need to make sure that your Limit Price is greater than or equal to the Stop Price you are using in the AtmStrategyCreate() method. The Limit Price you use for a Buy Stop Limit order cannot be less than the Stop Price.

    AtmStrategyCreate(): https://ninjatrader.com/support/help...tegycreate.htm
    Atm Strategy Methods: https://ninjatrader.com/support/help...gy_methods.htm

    See this help guide page for more information about Order Types: https://ninjatrader.com/support/help...rder_types.htm
    <span class="name">Brandon H.</span><span class="title">NinjaTrader Customer Service</span><iframe name="sig" id="sigFrame" src="/support/forum/core/clientscript/Signature/signature.php" frameborder="0" border="0" cellspacing="0" style="border-style: none;width: 100%; height: 120px;"></iframe>

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