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Ned help on how to set up a custom trailing stop on Ninja, thanks.
I wanted to set a particular trailing stop strategy for my position and was wondering if anyone could help me. What I need is to have a 4 tick stop and after 10 ticks in my favor move to break even. then when it gets to 30 ticks in my favor I want the stop to move to + 25. If anyone could show me how to set this up on my ninja dome I would appreciate it. Thanks Hector
Can you help answer these questions from other members on NexusFi?
You can do that through an ATM Strategy.
Setup a new strategy (via DOM). You set your initial stop on that front screen, then select <custom> for the Stop Strategy. Set the Profit Trigger to the point where you want your S/L bumped and the Plus field to the new stop point.
Thanks Enso but I don't understand what you are saying. I have a two part stop. One at +10 in favor then move to break even. Then at plus +30 move stop to plus 25. Is there anyway to show me a screen shot of the dome with the settings it would sure help me. Thanks Hector
Enso this video really did not go over what my intent is. Maybe I am not explaining it correctly.
1. Initial set up would be 4 tick stop and 50 tick target one contract.
2. When price moves to + 10 I want the stop to be moved to break even.
3. Next when prices moves to +30 I want stop to be moved up to +25 to lock in profits.