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newguy05
02-25-2008, 11:20 AM
I use the superDOM to place orders. How do i add a stop loss order for every trade i place with the same click?

For example: i set limit: 100, stop loss: 90, click, and it will send 2 orders to the broker:

1) limit 100 buy order
2) stop loss 90 sell order

If this functionality doesnt exist, what is the cloest method to do this.

thank you

NinjaTrader_Jason
02-25-2008, 11:45 AM
Hi,

You can submit a profit target and stop loss along with your entry order through the use of an ATM strategy. Set "ATM strategy" to custom and define the values for your profit target and stop loss. For example, if you use the following set up:

Stop loss: 8
Profit target: 12

Your stop loss wil be submitted 8 ticks below your average entry price and your profit target will be submitted 12 ticks above your average entry price. More information can be found in the link below.
http://www.ninjatrader-support.com/HelpGuideV6/CreatingAPositionStrategy.html

In addition, I recommend to attend one of our free training events which will explain ATM strategies. You can find a full schedule at the following link.
http://www.ninjatrader.com/webnew/trading_online_events.htm

newguy05
02-25-2008, 11:48 AM
ahh so that's what ATM does. You guys are the best! thanks!

will checkout the training.