Manually modify ATM strategy

[rally7]

My question is about the ATM feature. Basically I am say long 4 contracts with a profit target on just 2 contracts only. All four contracts have a stop loss. I would like to close out the remaining 2 contracts with perhaps a limit order provided ofcourse they have not been stopped out. Once I am running the strategy, NT won't let me place a limit order to close out my remaining contracts. Is there a way around this?



Thank you

[NinjaTrader_Ryan]

Hello rally7:

Thank you for your post.

When I test in sim mode, I am able to flatten the trade by submitting a limit order.

Are you submitting this strategy in sim mode or live mode? Can you provide the exact steps so I may attempt to reproduce.

You may want to submit a stop limit order for the remaining contracts instead of a limit order.

More information on Position Strategies can be found here:

http://www.ninjatrader-support.com/HelpGuide/Overview13.html

More information on submitting orders can be found here:

http://www.ninjatrader-support.com/HelpGuide/ManagingOrders.html

Best regards,

Ryan

[rally7]

Hi Ryan,

I am sim mode. Do I have to exit out of the active ATM strategy and select none under the drop down box? What I did is create a simple ATM strategy.

1 target, Qty 2, Stop loss 5, target 10,

2 target, Qty 2 Stop loss 5

Using the Chart trader, I bought 4 YM at the market, hit my profit target on 2 contracts. Still long 2 and would like to now place a limit order above the market to close out my position. On the chart trader it now shows me still long 2 and now the stop order is changed to 2 contracts as it should. But when I attempt to place a limit order to sell the remaining 2 I get the message " You can't submit an exit order to a strategy yntill any of its entry orders has been filled.

[NinjaTrader_Ryan]

Hello rally7:

Keep your working strategy in the ATM dropdown field. Do not change this back to 'None'.

Then, you should be able to place the limit order to fill the remaining 2 contracts in your position. Otherwise, try placing a stop limit order instead of a limit order.

Let me know if this works.

Ryan

[rally7]

I just tried that and I am still receiving the same error message.

[NinjaTrader_Ryan]

Hello rally7:

A couple of options for your assistance.

1. We conduct a weekly free webinar session on setting up Advanced Strategies such as yours. I encourage you to attend this session held on Thursday at Noon EST. Please click on the link below to attend.

http://www.ninjatrader.com/web/trading_software_webinars.htm

This session is interactive and you can post your inquiry in the webinar and I can display the example in the room for everyone.

2. Otherwise, if you cannot attend, please send me a private message to support at ninjatader dot com and I would be happy to schedule a time to login to your computer and work through the example. Please put Attn: Ryan in the subject line.

Enjoy your day and happy trading!

Ryan

[rally7]

Ryan,

Thanks, I will attend the webinar and hopefully we can figure this out.

Harry