Need some help with ATM strategy

[raior]

Hi, I've got something set up, but I'm not sure it's entirely correct - in certain cases I'm getting an error message that's supposedly a native (as in broker side) error, though that doesn't seem to be the case after speaking to their tech support.

Anyway, I'd like to create the strategy again from scratch where I have:

2 lots:

I want the first lot to have a profit target of 10 ticks, if this is reached trail it up every tick from there (so I'm guaranteed at least 10 ticks on this lot)
.
The second lot, after the profit target of 10 is reached, move the stop to my entry price (10 ticks away from the market), and leave it there until it reaches 30 ticks profit, after that trail it by 10 ticks.

Any advice and assistance would be appreciated!

[NinjaTrader_JC]

Hello raior,

Welcome to the NinjaTrader Support Forums!

So you would want to setup a breakeven stop strategy to move up your stop loss value so after 10 ticks in your favor Auto Breakeven will move Target 2's Stop Loss to breakeven and then after 30 ticks in profit have a trailing stop.

I have screenshot of how you may setup a Breakeven strategy for your second position after 10 ticks and then after 30 ticks in profit to trail the last traded price by 10 ticks that you may try out. Note I just put a stop loss value at 8 since you did not say what you would like your stop loss to be set to so feel free to change this to what you like.

Below I have provided a link to our Auto Trail and Auto Breakeven section of our help guide along with a link to our recorded ATM Level I & II webinars that you may view.
Auto Breakeven: http://www.ninjatrader.com/support/h..._breakeven.htm
Auto Trail: http://www.ninjatrader.com/support/h...auto_trail.htm
ATM Level I: http://youtu.be/brVV7R2-16A
ATM Level II: http://youtu.be/6LgnITSy1Eo

Let us know if we can be of any further assistance.

[raior]

Correct me if I'm wrong, but this would get me out of the first lot at 10 and then not trail it, I would like the first lot to trail after hitting the profit target. The second seems okay if I understand it, after hitting my profit target, this moves up the stop to my entry then trails it as described before, is that right? I've watched the seminars but it's not particularly intuitive

[NinjaTrader_Kyle]

Hello,

You cannot apply the stop strategy to Target 1 after the Profit Target has filled as that portion of the position would be exited with the Profit Target's execution.