How to automatically cancel orders when profit or stop loss is achieved

[fajardooj]

Hello, I'm new with the platform, I entered to a long position with predefined Profit and Stop Loss targets. As soon as the profit was touched, the position was closed as planned, but the Stop Loss order was not canceled automatically, so I didn't figure that and after a couple of hours I hear the voice alerting me "Stop Filled". How can I do to have all the orders canceled as soon as any target is reached? Similar o the button that says "Exit at Market and CxL" which when I click manually it exits the position at market price and cancels all the orders. Any help appreciated.

[NinjaTrader_Clayton]

Hello fajardooj,

Thank you for the message.

From your description, it sounds like what you are trying to do would be achieved by using an ATM Strategy.

• The Profit and Stop Loss targets from an ATM Strategy are automatically connected via OCO ID (One Cancels Other)
• So, if one of them is filled or canceled, it would automatically cancel the other order in that group

Please watch through the publicly available videos below for a comprehensive review of setting up and using ATM Strategies:

• ATM 201
• ATM 301
• Stop Strategies Overview
• Additional Options and Strategy Selection Modes
• For more in-depth written information on ATM Strategies from the Help Guide

If you are referring to the Web Platform - https://support.ninjatrader.com/s/ar...language=en_US


Please let us know if we may provide any further assistance.

[fajardooj]

Hi Clayton, I'll check again. Thanks

[Mithra21]

Hello fajardooj,

Thank you for the message.

From your description, it sounds like what you are trying to do would be achieved by using an ATM Strategy.

• The Profit and Stop Loss targets from an ATM Strategy are automatically connected via OCO ID (One Cancels Other)
• So, if one of them is filled or canceled, it would automatically cancel the other order in that group

Please watch through the publicly available videos below for a comprehensive review of setting up and using ATM Strategies:

• ATM 201
• ATM 301
• Stop Strategies Overview
• Additional Options and Strategy Selection Modes
• For more in-depth written information on ATM Strategies from the Help Guide

If you are referring to the Web Platform - https://support.ninjatrader.com/s/ar...language=en_US


Please let us know if we may provide any further assistance.

Is there a way to do this without using ATM? For example if i placed a buy order overnight, and want to call it a day, i want to set a stop loss and take profit OCO order, how do i do that after the fact without having used ATM with my entry?

[NinjaTrader_Clayton]

Hello Mithra21,

Thank you for the update.

This could also be done by manually submitting an OCO bracket or pair of orders. To submit a manual OCO order:

1. Right-click on the SuperDOM, Chart Trader panel, or window you are submitting orders from > Click on OCO Order
2. Place your first order
3. Place your second order
4. Right-click on the panel again and TURN OFF OCO - If you don't, errors can start happening.
   • If you want to place another Pair, repeat the steps above.

Please follow along with this video I made that demonstrates using OCO Orders in NinjaTrader:

• How to use OCO Orders in NT8

You would want to make sure that your broker or provider supports "Native OCO" if you plan on turning the PC/Platform off. If it is not "Natively" supported on their servers, the NinjaTrader Platform must remain On and Connected to the account and data to continue working on your behalf.

• Who Natively supports OCO?

Please let us know if we may provide any further assistance.