I want to set up an ATM strategy that will do something like this:

• Go long a contract...
• Initial stop loss is 5 ticks...
• Stop loss auto raises 1 tick for each tick the trade moves in my
  direction until it reaches BE (break-even)...
• When trailing stop has reached BE, it stops trailing, even though price keeps moving up...

hi,
i think this cant be done with ATM.
Trailing tick by tick is possible ( Stop Strategy : 5 -- 1 -- 1

but the problem is to stop the trailing if reached BE.

Hey Max...

The folks at NT forum showed me. Here's the steps in case you need it.

• Set the ATM Strategy to <Custom>
• 1 Contract
• Profit Target: 0 (set to desired PT)
• Stop Loss: 5

• Set Stop Strategy to <Custom>
• Then select a 2 step Auto Trail.

• Step #1:
• Profit trigger: 1
• Frequency: 1
• Stop Loss: 5

• Step #2:
• Profit trigger: 5
• Frequency: 99 (or any other high value that is unlikely to be reached)
• Stop Loss: 5

nice trick

that means they install in Step #2 the rules :

if position has ran +5 in your direction
trail the stop (wich is at -5) every additional 99 ticks in your direction

and because you dont go for 99 ticks it will sit there till you go out manualy.

well - i am willing to learn new tricks day by day