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Stop Strategy when in profit

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    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.

    #2
    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.
    https://www.youtube.com/watch?v=0eXP...utu.be&t=23m7s
    https://www.youtube.com/watch?v=qZUO...outu.be&t=4m1s

    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

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