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pivot44
03-14-2006, 01:06 PM
I have tried to no avail to get Ninja to perform the following popular trading strategy in a single DOM:

enter multiple entries on the buy side below the market (averaging down at support) AND enter multiple entries on the sell side above the market (averaging up at resistance) - the support and resistance levels are far enough apart that one order will not encroach on the other until hitting its target:

the two sides are not OCO,

each side has a target and stop,

with each subsequent fill on a side, original stop and target are incremented



Please advise,

Thanks.

NinjaTrader_Ray
03-14-2006, 01:15 PM
Each side needs to be a separate strategy.

-Select a strategy from the strategy drop down list
- Place first buy side entry order
- Select the "* Active..." strategy that was created by the order and place subsequent orders
- Repeat the above process for the sell side orders

I suggest reviewing the following sections of the Help Guide for a better understanding of what you can do to accomplish your trading style:

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

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


Ray

pivot44
03-14-2006, 01:32 PM
Thank you so much for finally clearing that up for me. That helps.

One followup - why is it we have to create a duplicate strategy for entry on the other side of the market? Entering as soon as possible to get in the cue is vital. The method of entering buyside orders, switching strategy, and entering sellside orders is doable, but involves extra steps.

Wouldn't it be programatically possible to have Ninja recognize my intent if I use a single strategy to accomplish what I want to do (I know of hundreds of traders with this style of trading)?



Thanks.

NinjaTrader_Ray
03-15-2006, 02:06 AM
Sounds simple but it is overly complex to do what you ask for.

pivot44
03-15-2006, 02:22 AM
OK.

I'm looking at another DOM product that has Profit, Loss and OCO checked, and entries allowed on both sides of market just by clicking.