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View Full Version : How enter a Breakout trade?


vast524
07-25-2008, 08:45 AM
I am wondering if there is a way to enter parameters for trading a breakout.
I want to be able to enter a buy/sell order on the S&P to trade a breakout from an announcement.
I know that another charting software enables you to enter multiple strategies. I would like to enter two trigger points. If one of the trigger points is hit, then it places a OCO order. The opposing point will be then deleted.
Is this possible in Ninja 6.5?

NinjaTrader_Jessica
07-25-2008, 09:01 AM
You can accomplish a breakout/breakdown approach by:

Right click in the SuperDOM and select the menu "OCO Order" to enable this function
For your first order, select the desired option from the "ATM Strategy" drop down list
Submit your stop order to buy above the market
For your second order, select the desired option from the "ATM Strategy" drop down list
Submit your stop order to sell below the market
CRITICAL Right click in the SuperDOM and select the menu "OCO Order" to disable this function