Let's say I place a market buy order on NQ for 3 contracts. The ATM brackets show up. But i dont like the price action. Im up say 3 handles, I want to flatten 2, but let 1 contract go as a runner with a BO break even. How do I do this?
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Scalping, Break even strategy
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Scalping, Break even strategy
I use an ATM of say 25: 30 on NQ.
Let's say I place a market buy order on NQ for 3 contracts. The ATM brackets show up. But i dont like the price action. Im up say 3 handles, I want to flatten 2, but let 1 contract go as a runner with a BO break even. How do I do this?Tags: None
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Hello researchgate,
Thank you for your post.
Can you clarify if your strategy is using an atm strategy, or you are looking to implement breakeven behavior within your strategy?
If your strategy is using an Atm strategy, you would not be able to do this as the logic is handled by the configured Atm strategy. You could only be able to cancel/change the entry order, or change the stop or target.
AtmStrategyMethods - https://ninjatrader.com/support/help...gy_methods.htm
If you're not using an Atm strategy, please see the example script linked below which demonstrates how to scale out of a position:
And this example script which demonstrates breakeven behavior:
Please let me know if you have any further questions.
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