Advanced Options
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All NinjaTrader order entry windows that offer ATM Strategies also include the Advanced Options. The Advanced Options include: Shadow Strategy, Auto Chase, and Auto Reverse features. You will find the Advanced Options from the ATM Strategy Parameters window by clicking on the More text (see the green arrow in the image below) which will expand these additional features.
Reverse at Stop |
This will enter a position in the opposite direction, using the same ATM parameters, when a stop loss is hit |
Reverse at Target |
This will enter a position in the opposite direction, using the same ATM parameters, when a profit target is hit |
Target Chase |
This will cause a profit target to move towards the market price, as price moves away from the target |
Chase |
This will cause a Limit entry order to move towards the market price as it moves away |
Chase if Touch |
Enables the Chase function only if the order has been touched |
Stop Limit for Stop Loss |
When enabled, this will cause Stop Limit orders to be used for stop losses (default is unchecked, so Stop Market used) |
MIT for Profit |
When enabled, this will cause MIT orders to be used for profit targets (default is unchecked, so Limit is used) |
Note: The "Stop Limit for Stop Loss" will not apply to Equities or Forex instruments - if this property is enabled when trading a stock or forex instrument, Stop Market orders will be used, instead. |