thanks in advance for help
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2 Target Stop Strategy help
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2 Target Stop Strategy help
new to ninja , want to set 2 contract same stop ,different targets breakeven strategy. If first target is hit i want stop to be at breakeven.i understand i need to select '2 Target" for target 1 :- q=1 ,SL =6 PT=4 and for target 2 Q=1 ST=6 PT=8 and for breakeven Profit trigger=4 ,question is ,this BP=4 supposed to be in 1 Target or 2 target "Stop strategy' settings
thanks in advance for helpTags: None
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Hello eminihero,
Thank you for your post.
You will want to place the BP=4 on the second target. The reason is that stop loss and profit targets are OCO (one cancels other) orders, meaning that when the first target's profit target is reached the stop will cancel, along with its stop strategy.Ryan O.NinjaTrader Customer Service
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