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Possible to use an ATM strategy where stop/target is based on calculation?

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    Possible to use an ATM strategy where stop/target is based on calculation?

    Hi - suppose I want to enter a position with a limit/market/stop order with an ATM strategy attached to it. I understand the ATM strategy can have predefined static stop/targets.

    Is it possible to have an ATM strategy where i.e.
    - the stop is based on the low/high of the previous bar
    - the target is based on 2x the range of the previous bar

    The entry is discretionary at my manual choosing.

    Hope this makes sense, and thanks in advance for any help pointing me in the right direction - I am new to the more advanced functions in NT7

    #2
    Hello jtrading82,

    Thank you for your post,

    No, this would not be possible with an ATM strategy; the stop and targets are set based on tick distance from the entry price, percent or exact price.

    For strategies based on the chart bars, a custom automated strategy would be needed.

    I've copied below our ATM 201 webinar which will cover most basic ATM setups that are possible.

    https://www.youtube.com/watch?v=0eXP_-cfR2Q

    For information regarding automated strategies:

    https://ninjatrader.com/support/help...strategies.htm

    We look forward to assisting further.
    Eric B.NinjaTrader Customer Service

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