Announcement
Collapse
No announcement yet.
Partner 728x90
Collapse
NinjaTrader
Stop Strategy when in profit
Collapse
X
-
Stop Strategy when in profit
I would like to know if a strategy can be designed to lock in profits when I have reached a certain number of ticks in profit. An example would be if I wanted my stop strategy to lock in 2 ticks of profit as soon as I hit 2 ticks of profit is that possible? The best I can see is only auto breakeven where if I hit 2 ticks in profit my stop would move to breakeven. That is okay as well but would like to know if there is a strategy to go beyond breakeven and how would these parameters be entered into the stop strategy.Tags: None
-
Hello daytraderroy,
Yes, an Atm Strategy can include a stop strategy to perform any breakeven or trailing actions.
Below I am providing a link to videos on Atm Strategies that highlights using breakeven and auto trail.
Understand advanced order management strategies and add advanced features to your ATM strategies.Auto Break Even 4:35Auto Trail 5:31Simulated Stop 14:03Shado...
By creating a new stop strategy with the BreakEven set to 2, this would move the stop loss to the entry point after 2 ticks of profit.Last edited by NinjaTrader_ChelseaB; 10-30-2016, 11:05 AM.Chelsea B.NinjaTrader Customer Service
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by kevinenergy, Yesterday, 12:01 PM
|
6 responses
22 views
0 likes
|
Last Post
by kevinenergy
Today, 02:20 PM
|
||
Started by DawnTreader, 05-08-2024, 05:58 PM
|
15 responses
48 views
0 likes
|
Last Post Today, 02:20 PM | ||
Started by ZeroKuhl, Yesterday, 04:31 PM
|
7 responses
40 views
0 likes
|
Last Post Today, 02:07 PM | ||
Started by xepher101, Today, 12:19 PM
|
1 response
22 views
0 likes
|
Last Post Today, 01:58 PM | ||
Started by jpeep, 08-16-2020, 08:31 AM
|
16 responses
498 views
0 likes
|
Last Post Today, 01:57 PM |
Comment