Both the SuperDOM and Basic Entry window house the same control for defining a position strategy.

The Strategy Control List

Icon(1) in the image above references the strategy control drop down list. This drop down list is very important to understand as it defines how your orders will be handled once submitted. There are three main categories of options that will be displayed in this drop down list;  <None>, <Custom> and strategy template names, and active strategies.

<None>

When this option is selected, any orders placed in the entry window will not be applied to an active strategy nor will it initiate a new strategy.

<Custom> or Strategy Template Names

When a strategy template name is selected, all of the parameters will update to reflect your pre-defined strategy or, when <Custom> is selected, you have the ability to define a new strategy on the fly. Once an order is submitted, the strategy parameters specified will be initiated when the order is partially or completely filled.

* Active Strategy Names

All active (live and working) strategies will be displayed. If one is selected, any order submitted will be applied to the selected active strategy. For example, if you have an active strategy with a stop and target bracket for 1 contract, if you are filled on another contract, the fill is applied to this strategy and the stop and target bracket is automatically updated from 1 contract to 2 contracts.

When it comes to the automatic submission of stop loss and profit targets and how subsequent order fills are handled, there are two approaches.

1. Scaling into a position or out of a position should automatically update the order sizes of existing stop and target brackets (NinjaTrader Version 4 and earlier approach)

2. Scaling into a position should create a new set of stop and target brackets based on the new order fill price

If you always want to operate with approach number 1, then you will always want to have the strategy control list set to your active strategy when one exists. NinjaTrader will do this for you automatically if you check the option "Apply fills to active strategy as default" which is found under the Control Center window Tools-->Options, Strategies tab. If you would rather have new stop and target brackets submitted on a new fill, then have the prior option unchecked and the strategy control list will not automatically set to an active strategy when one is created.

The behaviour of the strategy control list can be controlled automatically by selecting a Strategy Selection Mode.

Stop and Target Parameters

Icon (2) in the image above are parameters that define how many stop loss and target orders are automatically submitted, what prices they will be submitted at and any stop loss automation strategies that will be applied such as Auto Trail, Auto Breakeven etc...

Parameters can be entered as ticks, percent or absolute price. To change what parameter type is used, access the entry window's properties via the right mouse click context menu and change the "Parameter type" property.

For further reference, please look at the Strategy Examples located within the "Position Strategy" section of this help guide.

Advanced Options

Via the right mouse click context menu you can enable the advanced options section of the position strategy parameters to become visible.

From the advanced section, you can enable a shadow strategy, reverse at target or stop and enable auto chase features.