Trailing stops

[newtrader1]

Hi

If I have a stop loss of 15 ticks I would like to after entering a trade once I have 1 tick of profit move my stop to -14 and then each additional tick of profit move up by increments of 2 ticks.

I have the following set in auto trail setting
profit trigger = 1 fequency = 2 and Stop loss set to 14. Is this correct

Also does the auto trail stop once my auto breakenen is hit or does it continue, If the auto trail continues how can I turn if off when in a trade

Hope this makes sense

Thanks

newtrader1

[NinjaTrader_Ben]

Hello,

If I understand you correctly, you want your stop loss to shrink by 2 ticks every additional tick in profit, correct?

This really isn't supported past 4 steps. I have included a screen shot of how you would do this if you only wanted 4 steps.

The trailing stops either:
- only move your stop once per step if you use a very high frequency number
- or maintain your stop size and advance the stop loss to reflect that stop loss size for a given number of additional ticks in profit.

I suggest playing with it in sim mode to get the hange of it.