auto move stop loss

[surya]

No of Buy Entries: 3
Stop Loss: 10 ticks
First Profit Entries: 2
First Profit Ticks: 4 ticks

Second Profit Entries: 1
Second Profit Ticks: 8 Ticks

I will manually pull trigger to Buy Long/Short

But strategy should sell entries based on above parameters
I want to build strategy with above input parameters
When First Target is met, the STOP loss should auto move to ENTRY price.

[NinjaTrader_ChrisL]

Hi surya, thanks for posting.

If you want to create an ATM strategy with a break even, please watch the ATM 301 webinar:

https://www.youtube.com/watch?v=DH9y-j64X1U

For a NinjaScript strategy that implements a break-even, see the attached example from this forum post:

https://ninjatrader.com/support/forum/forum/suggestions-and-feedback/suggestions-and-feedback-aa/103992-request-breakeven-functions-in-strategy-builder#post806596

Kind regards,
-ChrisL

[surya]

I have ATM Strategy but how do I move STOP to breakeven.

[NinjaTrader_ChrisL]

Hi surya , thanks for your reply.

The Stop Strategy must be created for one of the targets. E.g. for target one, open up the Stop Strategy and for break even set: Profit Trigger: 6, Plus: 0 this will move the stop loss from 20 to break even once 6 ticks of profit have been reched for target 1.

Best regards,
-ChrisL

[surya]

Please correct me if this is right?

[NinjaTrader_ChrisL]

Hi surya, It looks fine to me. You can use the simulated data feed to test your ATMs. It gives you a slider control so you can control the price direction over time.

Kind regards,
-ChrisL

[surya]

Team,

I tried and its not working, the STOP LOSS is not moving after 1st TARGET is met. Can you test & confirm from your end.


Regards,

[NinjaTrader_ChrisL]

Hi surya, your 1st target has a break-even profit trigger that's the same as its profit target setting. You would want to apply that stop strategy to the second target instead.

Kind regards,
-ChrisL

[surya]

Sorry, not clear on what you meant. Can you share steps please.

[NinjaTrader_ChrisL]

Hi surya, remove the break even stop strategy from the first target and apply it to your second target and then you should be able to understand what I am saying. Alternatively, set the profit trigger for the first stop strategy to 4, or any number lower than it's profit target. The problem is your profit trigger is the same as it's profit target, so its filling before it gets the chance to reach its profit trigger to break even.

Kind regards,
-ChrisL

[surya]

Thanks Chris, as per your suggestion I made below changes

I got 4 entries



STOP BREAK EVEN



STOP BREAKEVEN + 4, Similarly STOP BREAKEVEN + 8



But When my first target trigger, only 1 STOP LOSS moved to my entry area but the other 2 didn't move. Not sure how we can fix this.
When my first target met, I want all my STOP LOSS to be at my entry price, When my 2nd target met, ALL STOP LOSS should move at First Entry
Please correct me what am I doing wrong here.

[NinjaTrader_ChrisL]

Hi surya, It looks like the other two stop strategies have a higher profit trigger value than STOP BREAKEVEN +4 if you want all of them to move to break even at 12 ticks of profit, then set all the profit triggers to a 12 profit trigger.

[zziraf]

Hi surya , i'm having the exact same issue you're having. Did you manage to figure it out? If you did can you please show how you did it? Thanks