Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

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

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    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

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by Lando Calrissian, Today, 08:43 AM
    1 response
    4 views
    0 likes
    Last Post NinjaTrader_PatrickG  
    Started by daqu40, Today, 08:50 AM
    0 responses
    5 views
    0 likes
    Last Post daqu40
    by daqu40
     
    Started by aslane, Today, 07:30 AM
    2 responses
    13 views
    0 likes
    Last Post NinjaTrader_Jesse  
    Started by SilverSurfer1, 09-25-2020, 12:01 PM
    4 responses
    22 views
    0 likes
    Last Post NinjaTrader_Dennis  
    Started by Hyper, Yesterday, 09:02 PM
    2 responses
    12 views
    0 likes
    Last Post Hyper
    by Hyper
     
    Working...
    X