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Help with ATM settings

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    Help with ATM settings

    Hello, I am having trouble setting up the stop strategy for a 2 target ATM. Can anyone please advise on the correct setting?

    As an example, I would like the 1st target to be 4 tick profit target. Then the stop strategy for the 2nd target to move the stop to the entry price of the original order, or -4 ticks from the 1st profit target. Please see screenshot of my current setup that is not working as intended. With the current settings after the 1st target is hit, it moves the stop for the 2nd contract to the 1st target price. I would like it to move it to -4 ticks from the 1st target instead.
    Attached Files

    #2
    Hello backtester 831,

    Thanks for writing in

    Attached are screenshots for your desired ATM Strategy Parameters:
    Click image for larger version

Name:	Screenshot_43.png
Views:	1
Size:	17.4 KB
ID:	1043390Click image for larger version

Name:	Screenshot_44.png
Views:	1
Size:	12.6 KB
ID:	1043391

    How this will work is you have 2 Targets, one at 4 ticks in profit target and 8 ticks in stop loss, and one at 12 ticks in profit target and 8 ticks stop loss. Once the first target fills in at 4 points in profit, the stop loss of the second target will move to a break even.

    Additionally, here are some helpful videos on using ATM Strategies in NinjaTrader 7:
    ATM 201: https://youtu.be/0eXP_-cfR2Q
    ATM 301: https://www.youtube.com/watch?v=qZUOoAZq35E

    I look forward to assisting you further.
    Sergey S.NinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_SergeyS View Post
      Hello backtester 831,

      Thanks for writing in

      Attached are screenshots for your desired ATM Strategy Parameters:
      Click image for larger version

Name:	Screenshot_43.png
Views:	1
Size:	17.4 KB
ID:	1043390Click image for larger version

Name:	Screenshot_44.png
Views:	1
Size:	12.6 KB
ID:	1043391

      How this will work is you have 2 Targets, one at 4 ticks in profit target and 8 ticks in stop loss, and one at 12 ticks in profit target and 8 ticks stop loss. Once the first target fills in at 4 points in profit, the stop loss of the second target will move to a break even.

      Additionally, here are some helpful videos on using ATM Strategies in NinjaTrader 7:
      ATM 201: https://youtu.be/0eXP_-cfR2Q
      ATM 301: https://www.youtube.com/watch?v=qZUOoAZq35E

      I look forward to assisting you further.
      Doesn't your solution move the stop for the 2nd target to the entry price? I would like it to move to -4 ticks from the entry price

      Comment


        #4
        Hello backtester 381,

        Thanks for your reply.

        My apologies, it seems I have misread your original statement. Attached is a screenshot with the correct Stop Strategy parameters:
        Click image for larger version

Name:	Screenshot_45.png
Views:	2
Size:	12.5 KB
ID:	1043402
        How this will work is once your first Target fills at 4 points in profit, the second target stop loss will move to auto breakeven -4 ticks.

        I look forward to being of more assistance to you.
        Attached Files
        Sergey S.NinjaTrader Customer Service

        Comment

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