As an example, I would like the 1st target to be 4 tick profit target. Then the stop strategy for the 2nd target to move the stop to the entry price of the original order, or -4 ticks from the 1st profit target. Please see screenshot of my current setup that is not working as intended. With the current settings after the 1st target is hit, it moves the stop for the 2nd contract to the 1st target price. I would like it to move it to -4 ticks from the 1st target instead.
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Help with ATM settings
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Help with ATM settings
Hello, I am having trouble setting up the stop strategy for a 2 target ATM. Can anyone please advise on the correct setting?
As an example, I would like the 1st target to be 4 tick profit target. Then the stop strategy for the 2nd target to move the stop to the entry price of the original order, or -4 ticks from the 1st profit target. Please see screenshot of my current setup that is not working as intended. With the current settings after the 1st target is hit, it moves the stop for the 2nd contract to the 1st target price. I would like it to move it to -4 ticks from the 1st target instead.Tags: None
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Hello backtester 831,
Thanks for writing in
Attached are screenshots for your desired ATM Strategy Parameters:
How this will work is you have 2 Targets, one at 4 ticks in profit target and 8 ticks in stop loss, and one at 12 ticks in profit target and 8 ticks stop loss. Once the first target fills in at 4 points in profit, the stop loss of the second target will move to a break even.
Additionally, here are some helpful videos on using ATM Strategies in NinjaTrader 7:
ATM 201: https://youtu.be/0eXP_-cfR2Q
ATM 301: https://www.youtube.com/watch?v=qZUOoAZq35E
I look forward to assisting you further.Sergey S.NinjaTrader Customer Service
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Originally posted by NinjaTrader_SergeyS View PostHello backtester 831,
Thanks for writing in
Attached are screenshots for your desired ATM Strategy Parameters:
How this will work is you have 2 Targets, one at 4 ticks in profit target and 8 ticks in stop loss, and one at 12 ticks in profit target and 8 ticks stop loss. Once the first target fills in at 4 points in profit, the stop loss of the second target will move to a break even.
Additionally, here are some helpful videos on using ATM Strategies in NinjaTrader 7:
ATM 201: https://youtu.be/0eXP_-cfR2Q
ATM 301: https://www.youtube.com/watch?v=qZUOoAZq35E
I look forward to assisting you further.
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Hello backtester 381,
Thanks for your reply.
My apologies, it seems I have misread your original statement. Attached is a screenshot with the correct Stop Strategy parameters:
How this will work is once your first Target fills at 4 points in profit, the second target stop loss will move to auto breakeven -4 ticks.
I look forward to being of more assistance to you.
Sergey S.NinjaTrader Customer Service
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