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stop strategy clarification

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    stop strategy clarification

    If a stop loss is entered in the atm strategy is it entered again on step 1 under the custom stop strategy? Also I'm not quite clear on how the on the 2nd step frequency and 3rd step profit target works. Could you give an example?

    Thanks

    #2
    Hello,

    Thank you for your post.

    The Stop Loss will not be entered again however it will be modified to the new price.

    Under the Auto Trail parameters the Profit Trigger will tell NinjaTrader when to trigger the Auto Trail, the Stop Loss will be the amount of Ticks behind the current price and the Frequency will tell NinjaTrader at how many additional Ticks to be in profit before adjusting again.

    For example if you have a Profit Trigger of 6, Stop Loss of 4 and a Frequency of 1 the Auto Trail will be triggered at 6 Ticks in profit the Stop Loss would then be 4 Ticks behind the current traded price and adjust for every additional Tick in profit.

    I have also provided a link below to our Help Guide that goes over the Auto Breakeven and Auto Trail features.

    http://www.ninjatrader.com/support/h...gement_atm.htm
    Christopher J.NinjaTrader Customer Service

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