ATM Trail only

[ghoti]

I'm sure this has probably been asked before, but I couldn't find it with a search.

Is it possible to create an ATM strategy with no profit target and use a trailing stop exit the position. Thanks

[NinjaTrader_Michael]

Hi ghoti,




Yes this is definitely possible, please visit the link provided for information regarding trailing stops.

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?AutoTrail

[lindsayf]

so does this mean that the auto trail will accept a zero profit target, thereby activating the trailing stop as soon as the trade is filled?

[NinjaTrader_Michael]

Hello Lindsay,



Your ATM strategy is what accepts the 0 as the profit target. The auto trailing stop will be activated once the initial target is triggered.

[lindsayf]

of course!!! thanks

[Danville.Sumobay]

Hello Sir,

Is it possible to trail ATM strategy TARGET3 for longer period, after TARGET1 and TARGET2 hit the profit target or stop loss then TARGET3 will do a trail and reverse a position when the stop loss of TARGET3 hit?

[NinjaTrader_Jason]

Hello Danville.Sumobay,

Yes, you can setup an AutoTrail for TARGET 3 that triggers as per the amount of ticks you enter (Profit trigger). You can set it to the same amount of ticks as TARGET 1 an 2. However it could be the AutoTrail triggers, but TARGET 1 or 2 is not executed. The market can touch briefly the TARGET 1 or 2 price, but then changes before it could fill the order. The AutoTrail is triggered, because it kicks in as soon as the profit trigger is reached.

You can enable 'Reverse at Stop' from the right click menu. It will reverse the entire initial position. So if TARGET 1 and 2 fills, but then STOP 3 fills, it will submit your entry order with the original order quantity with 3 stops and targets.