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Strategy Management & Slippage

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    Strategy Management & Slippage

    I am trading a version of Netpick's UTM system which is based on specific entry points at the close of a confirmed bar or candle. When slippageoccurs on the Russell of as little as 1 tick it can make the difference between a small gain and a full loss. I know how to adjust the Target and main Stop loss on the SuperDom, but after emails with Raymond Deux he says even the new beta Version 6 doesn't have an easy 1 click method to adjust your Entry price for slippage.

    That said, does anyone have any suggestions on how I could adjust the Auto breakeven trigger and additional Auto trail stops in my NT trading strategy so that everything performs as though I entered the trade at the closing price of my entry bar rather than my actual price which includes slippage some times?

    Thanks,

    Dan M [email protected]





    #2
    imported post

    Dan,

    Our automatic stop loss adjustment functions work basedon the average initial fill price. There is no way to change this.

    Ray
    RayNinjaTrader Customer Service

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