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Broker: Advantage Futures, Ninja/TT and InvestorRT/IQFeed.
Trading: Treasury futures
Posts: 312 since Nov 2010
Thanks Given: 194
Thanks Received: 912
Is there a way in Ninjatrader to use a single stop limit order with negative offsets to scale into a trade? The way I'm trading now with one lots, I use a stop limit with a negative offset to generate a bid a tick or two below the signal price. When the trade is filled the ATM strategy generates a protective stops and a target. Usually I get filled, but sometime not. As my size gets bigger I'd like to enter orders at a number of prices below the market, each with it's own stop and target. My trading style is entirely discretionary; sometimes I take a signal, sometimes I don't, so I don't think I can use an entirely automated strategy. I know I could use multiple doms to accomplish this but CL moves fast sometimes and I'd like to be able to enter my orders with a click or two.
Can you help answer these questions from other members on NexusFi?
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
Yes.
Once you place the stop limit order with the middle mouse button, scroll wheel, just scroll to negative values. Or, if you want the same offset all the time just set it that way in the properties menu "Stop Limit Offset".
You can read all about this by hitting F1 when the Ninja SuperDOM has focus and then clicking "Submitting Orders". And it's then the 3rd little green "plus sign" from the top.
To have each entry with it own stop and target set the SuperDOM property for "ATM Strategy Selection Mode" to "Keep Selected ATM Strategy Template on Order Submission". To read about this once you have the SuperDOM properties open hit F1 and click "here" under ATM Strategy selection mode.
Ron
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
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