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Have a second take profit if the price does not touch the first one.

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    Have a second take profit if the price does not touch the first one.

    Hello friends,

    I have a question, I have an ATM in my ninja trader8, it's simple, my profit is 2 points and my stop loss is 1.25 points.

    The question really is, is there any way to set up the ATM for this, if the order does not touch 2 points, when the price goes back, my take profit become 1.5 points.
    For example

    #2
    Hello FernandoParra,

    Thank you for the post and welcome to the NinjaTrader forum.

    It is not possible to move your profit target automatically with an ATM Strategy alone. A fully automated NinjaScript strategy must be written to do this. SetProfitTarget can be used to place a profit target for orders made by a NinjaScript strategy.

    If you would like to learn more about NinjaScript strategies, the forum link below is a good introduction, it includes links to educational resources and documentation:

    http://ninjatrader.com/support/forum...609#post503609

    Please let me know if I can assist further.
    Chris L.NinjaTrader Customer Service

    Comment


      #3
      Thanks CrisL,

      What is more easy, move the profit target or move the stop target ?

      your information is very valuable for me!

      Comment


        #4
        Hello FernandoParra,

        Thanks for the reply.

        With an ATM strategy, moving the stop or target is done by clicking the stop to grab it, then clicking on a different price level to set it.

        Moving either a stop or target is also done in the same fashion in NinjaScript. You may call SetStopLoss or SetProfitTarget in OnBarUpdate if a dynamic stop and target is necessary.

        Please let me know if I can assist further.
        Chris L.NinjaTrader Customer Service

        Comment


          #5
          Querido chrisl,

          Gracias por todo,

          ya logré hacer lo que Necesitaba

          Comment

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