ATM to submit orders at several price levels simultaneously

[EnveousColnago]

I'd like to make an ATM order template that will basically automatically additional add-on entries at different price levels along with the initial entry. Right now I have a strategy where I can enter and it automatically has a limit (profit target) at entry + 2 pts and a stop loss at entry -8 pts. But I'd like for it to automatically include three additional orders at initial entry - 2pts, 4pts, and 6pts, all with take profit and stop loss at the same as the original order, for scaling in if prices move against me before hitting the profit target. Is there a way to do this?

[NinjaTrader_Jesse]

Hello EnveousColnago,

There is not a way to do that with ATM's but you can use your strategy to do that. To enter multiple positions in the same direction you would need to increase the strategies EntriesPerDirection to match the number of entries you wanted to place. After doing that you can either submit more orders at the same time as your original entry or make separate conditions to submit more orders. To link the stops and targets to specific entries you would use the entries SignalName. Giving each entry a unique name will let you set up targets for each individual entry by using the entries name when setting up the targets.

[EnveousColnago]

Hello EnveousColnago,

There is not a way to do that with ATM's but you can use your strategy to do that. To enter multiple positions in the same direction you would need to increase the strategies EntriesPerDirection to match the number of entries you wanted to place. After doing that you can either submit more orders at the same time as your original entry or make separate conditions to submit more orders. To link the stops and targets to specific entries you would use the entries SignalName. Giving each entry a unique name will let you set up targets for each individual entry by using the entries name when setting up the targets.

Do you mean I'd need to code a strategy to do all this, or is there an existing one that I could use? I'm not seeing anything called "EntriesPerDirection" when I open the Strategies window or under ATM Strategy on the chart trader

[Emma1]

It your Ninjatrader

[NinjaTrader_ChelseaB]

Hello EnveousColnago,

Below I am providing a link to a support article with helpful resources on getting started with NinjaScript and C#.

https://support.ninjatrader.com/s/article/Developer-Guide-Getting-Started-with-NinjaScript

Please be sure to start by watching the 'Automate Your Trading with NinjaTrader's Strategy Builder' and 'NinjaScript Editor 401' training videos.