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

Hi Hector

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.

EnsoTrader 

Hi Hector 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

Auto Breakeven:

NinjaTrader Version 7


Auto trail:
NinjaTrader Version 7

HTH
Let me know if this doesn't answer your question.

EnsoTrader 

Auto Breakeven: NinjaTrader Version 7 Auto trail: NinjaTrader Version 7 HTH Let me know if this doesn't answer your question.

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.

Hopefully I am explaining myself correctly.

Thanks
Hector

Hector

Be sure to read the help guide in the other links on that prior post.

Here's another video that goes more indepth:
What you're looking for starts around 17:15 in to the video. Be sure to watch it all.

EnsoTrader 

Hector Be sure to read the help guide in the other links on that prior post. Here's another video that goes more indepth: What you're looking for starts around 17:15 in to the video. Be sure to watch it all.

Thanks Enso I think this will help me. I really appreciate it. I can figure out the pieces to complete what I am trying to do from the video.

Thanks
Hector