Trail 1 tick for every 2 tick advance?

[cw30000]

Is it possible to set up a strategy to trail 1 tick for every 2 ticks profit?

This is what I want to do
B/E at 4 ticks in profit, then start trying
so at 6 ticks in profit, my stop should B/E +1
at 8 ticks, the stop should be B/E +2

Thanks.

[NinjaTrader_RyanO]

Hi cw30000,

Thank you for your post.

The Auto Trail aspect of the stop strategy would be possible if you set it up to include multiple steps.

Step 1:
Profit Trigger = 6, Stop Loss = 5, Frequency = 99

Step 2:
Profit Trigger = 8, Stop Loss = 6, Frequency = 99

However, you are limited by the number of steps in the auto trail as there is not a way within individual steps to create a ratio of movement.

[cw30000]

Thanks.

can you send it to dev for review? Adding more steps so users are allow more customization in the strategy.

[NinjaTrader_RyanO]

cw30000,

I would be glad to submit it to development, but it may be possible to do this using an automated strategy, but you would have to custom program that rather than use the pre-defined parameters.

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?Overview39

[cw30000]

I am a programming dummy.

Any suggestion where can I start with good examples?

[NinjaTrader_RyanO]

cw30000,

The tutorials are a good place to start.

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?Overview34

We also have a group of partners that do custom programming on behalf of our users, if that is something you would like to do as well.

http://www.ninjatrader.com/webnew/partners_onlinetrading_NinjaScript.htm

[cw30000]

Ray,

I don't want a fully auto strategy.

I still want to execute trade manually, and I just want the trailing part to be automatic with some customize conditions. Is that something that can be done.

[NinjaTrader_RyanO]

cw30000,

Unfortunately, there is no way to do this. You can fully automate a strategy that has those ATM features, or you can have an automated strategy that submits order based on conditions and then manually adjusts your stops.

But as for having an ATM strategy automated that you enter manually that is not possible, so perhaps your best bet is to enter the orders yourself and then manually adjust the stops to the levels you would like.