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move stop loss after target filled on the ES

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    move stop loss after target filled on the ES

    Is it possible to move my stop loss after a profit target is reached? For example if I have 2 contracts going long with 1 target at 10 ticks and 1 at 25, when the first one hits it's target, move the stop loss to break even - 2 ticks.

    I trade on the ES so I want my target to be executed before moving the stop loss.

    Any help would be appreciated.
    Thanks!

    #2
    Hello gravdigaz6,

    Thank you for your post.

    Are you using a NinjaScript strategy or an ATM Strategy to place these orders?

    This would be simple to accomplish with an ATM Strategy. You can set that up as below:

    Click image for larger version

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    Click image for larger version

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    In the above example, we have two targets that each start out with a stop at 10 ticks below entry. Our first target will get filled at 10 ticks, then the custom stop strategy for the second target will move the stop for that target to 2 ticks below breakeven at that point.

    If you are interested in doing this from within a NinjaScript Strategy, please let me know and I can go into detail on that; however, you would need to manually code this functionality.

    Please let us know if we may be of further assistance to you.
    Kate W.NinjaTrader Customer Service

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