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Stop loss to trail targets

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    Stop loss to trail targets

    Hi guys, need some direction. I'm trying to set up a strategy that auto matically sets my stop loss to my target once its hit.
    Set up is this:
    3 contracts -
    Profit target 1 - 2 points
    Profit target 2 - 5 points
    Profit target 3 - 10 points

    Stop loss on all 3 is 6 points.
    So when my 1st target is hit, I want all stop losses to be moved to my entry. When 2nd is hit, I want all stop losses moved to 1st target....
    I'm not very familiar with Ninja Script, is there a way I can do this without setting up code, or is it manual only?

    Cheers

    Adam

    #2
    Hello,


    You can do this both in NinjaScript and in the semi automatic ATM's.

    Give it a try using one of these links and let me know if you get stuck and where:

    DenNinjaTrader Customer Service

    Comment


      #3
      Thanks Ben, is their a way to have the stops auto adjust once the first target is filled and not just the price level being hit?
      Cheers

      Adam

      Comment


        #4
        Adam, unfortunately not, this would need custom coding.

        Comment

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