Hello All. I have been at this since last night and cannot figure out how to make this order happen. I am pretty sure it cannot be done from Active Trader, because the bracket orders are more limited there than in the trade tab, but I think it may be possible from the trade tab. Maybe not--I need to run this by some more experienced folk before I give up completely.
I think it would be pretty easy if there were a 1st triggers a sequence of OCO order type, but that’s not an option, so it will take a workaround. This order is easy to execute in Ninjatrader with their custom stop strategy ATM settings, but I only use NT for the market replay feature, not live trading. Thanks to anyone who knows TOS and wants to help out.
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Trigger – Buy (2) @ Market
1st OCO
Sell (1) @ +1.00 points above entry
Or
Sell (2) @ -2.00 - Stop Loss, order complete
2nd OCO triggered if first target is met
Sell remaining (1) contract whenever price drops one tick (if not possible an alternative would just be sell @ +1.50.)
Or
Sell (1) at entry price
I think it would be pretty easy if there were a 1st triggers a sequence of OCO order type, but that’s not an option, so it will take a workaround. This order is easy to execute in Ninjatrader with their custom stop strategy ATM settings, but I only use NT for the market replay feature, not live trading. Thanks to anyone who knows TOS and wants to help out.
----
Trigger – Buy (2) @ Market
1st OCO
Sell (1) @ +1.00 points above entry
Or
Sell (2) @ -2.00 - Stop Loss, order complete
2nd OCO triggered if first target is met
Sell remaining (1) contract whenever price drops one tick (if not possible an alternative would just be sell @ +1.50.)
Or
Sell (1) at entry price