Splitting an ATM order into smaller positions

[adam_crates]

Hello fellow traders!

It would be really helpful if it were possible to split an ATM order after it has been created.

Example:
I have an ATM order that opens 2 contracts with a take profit of 5 points. But sometimes I would like to manually change it to remain 1 contract at 5 points TP and move the remaining contract to a TP of 10 points.

When I am manually adding contracts to a running ATM order, I am able to move SL + TP for each new contracts to another price level. But I cannot do so when the ATM executed with the initial contract size.

This issue has already been raised a couple of years ago: https://ninjatrader.com/support/foru...g-an-atm-order

That would be a really nice feature in my opinion

[NinjaTrader_Zachary]

Hello adam_crates,

Thank you for your inquiry.

In NinjaTrader 8, it is possible to split targets for working ATM Strategies from the right-click context menu of any of the order entry windows. While this can be done in Chart Trader, the SuperDOM, and the Basic Entry window, I've created a video to demonstrate the functionality for your review using the Basic Entry window at the link below;

https://www.screencast.com/t/Yeouh62vW

You can see from the video that once I select 'Add Target', I then have 2 separate sets of Stop Losses and Profit Targets each with half of the number of contracts. The Stops are all at the same price level, while the Targets are placed 1 Point away. I can then modify both the Stop Losses and Profit Targets separately.

You may also read about the process in our help guide at the link below;

https://ninjatrader.com/support/helpGuides/nt8/index.html?managing_positions_superdom.htm#AddingOrRemovingTargets

Please let us know if we may assist you any further.

[adam_crates]

Thanks a lot! That makes my trading life a lot easier ❤️

I didn't know that I had to right click in the chart trader / sidebar. I always clicked on the position inside the chart itself.

Screenshot attached for those who are also looking for this feature.