I was wondering if there was a way to always have a moving stop loss, where each time price goes up a trailing might start 6 points down, but every point up it moves a point up, and same tick wise. I cant find a direct answer through google. I want it to automatically move up everytime price hits a tick/point higher, and the trailer doesnt move up unless price moves up past the current high. Thank you!
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Hello leaflessx,
Thank you for your note.
You can set this up in an ATM Strategy's Auto Trail settings if you set the initial Stop Loss to 6 and Profit to 0. Then in the Auto Trail settings, set the Stop to 6, Profit Trigger value to 1 and the Frequency to 1 which should move the stop loss up one point higher every tick in profit.
For more on Auto Trail, please see our Help Guide: https://ninjatrader.com/support/help...auto_trail.htm
Please let us know if we may assist further.
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