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Setting up an ATM strategy

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    Setting up an ATM strategy

    Hi,
    For MNQ, I have set up a strategy with a 45 t, stop and 135 t profit. I want to reduce the stop loss 8 t when the move 4 t profit.
    The stop loss should be in positive territory after 6 times.
    How would I set this up?
    Thanks

    #2
    Hello morrnel,

    Can you please setup the Auto Trail as follows for your ATM strategy.

    Stop loss: 41
    Profit trigger: 4
    Frequency: 4

    At 4 ticks in profit, the stop loss is adjusted to 41 ticks behind the current market price. For every 4 ticks in profit, the stop loss adjust to 41 ticks behind the current market price.
    JasonNinjaTrader Customer Service

    Comment


      #3
      Thanks. What is the meaning of the frequency of 4?

      Comment


        #4
        For every 4 additional ticks in profit, the stop loss is re-adjusted.
        JasonNinjaTrader Customer Service

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