Strategy Help

[schaun_oh]

Well, I'm doing something wrong because I can't seem to get this to work:

I want to start with a Target of 5 and a Stop loss of 7. When I get +2 I want to change my stop loss to a trailing starting at 11.

Any ideas please?

-Steven

[NinjaTrader_RJ]

Hello Steven,

Thank you for your post.

I have attached an image of a similar strategy.

Your strategy will not work as is becuase stops cannot be moved backwards, so your initial stop loss of 7, cannot be changed to 11 at 2 ticks in profit. You can have it start at your initial stop, which is how I have it set up at 9 (7 initial stop + 2 ticks in profit). Also, you can change your frequency if you do not want your trailing stop to increase with every tick in profit.

[schaun_oh]

OK. Oh well!

Thanks anyways.