How would I set up an ATM strategy to do this?

[Jugador]

Hi...can I do this with ATM


I want to set up an ATM strategy that will do something like this:

• Go long a contract...
• Initial stop loss is 5 ticks...
• Stop loss auto raises 1 tick for each tick the trade moves in my
  direction until it reaches BE (break-even)...
• When trailing stop has reached BE, it stops trailing, even though price keeps moving up...

[NinjaTrader_VinceB]

Hi,

Try this after you have set the ATM Strategy to <Custom>
1 contract
Profit Target: 0
Stop Loss: 5

Set Stop Strategy to <Custom>

Then select a 2 step Auto Trail.

Step #1:
Profit trigger: 1
Frequency: 1
Stop Loss: 5

Step #2:
Profit trigger: 5
Frequency: 99 (or any other high value that is unlikely to be reached)
Stop Loss: 5

Give it a go and let me know if it does the trick for you

[Jugador]

That did it...now I'm keeping that "average losing trade" down to a manageable size!

Thanks!