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adding to a previous entry

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    adding to a previous entry

    Hello is there any way to make ATM strategy or a strategy that can add to a previous entry? for example, an entry goes to my drawdown and I want to add to it but in an automated way
    basically adding to a losing entry

    #2
    Hello slimtrading,

    That would be possible in a NinjaScript strategy. ATM's are predefined in the template so you would need to submit a second ATM if you wanted to add more contracts to an existing position.

    If you used a strategy for this the strategy would need an initial entry condition to submit the first order. In a separate condition you could use the math you wanted to calculate the drawdown and then submit another order when that becomes true. You would need to increase the entries per direction setting of the strategy to accommodate how many entries you may want in the same direction.

    JesseNinjaTrader Customer Service

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