Help setting up these ATM Strategys please....

[mdsvtr]

Here's the first one.... Trades 2 contracts. First Target is 4 ticks on 1 contract. Second target is set at 8 ticks. Once forst target is hit, I want the Stop to move to -4 ticks behind Entry price ( scratch ). When price moves to +7 ticks toward my second target, I want the stop to move to BE and leave it there. If price moves to 8 ticks ( Fill or Not ) I want the stop to go to +4 ticks above my Entry price and leave it there. Here's the Second strategy....... Trades 1 contract. Stop is 10 ticks, and the target is 6 ticks. Once price moves 6 ticks in my favor, I want the Stop to move to Entry +1 . Once it hits 7 ticks, I want it to move to +3 and stay there. From here, I want to be able to manual trail it as price moves in my favor. the goal on this strategy is a total of +24 ticks. Thanks for the help guys - Mike

[NinjaTrader_Tim]

Hi mdsvtr,

Thank you for your post.

For your first ATM, you must specify a Stop Loss on each target. For this example, I'll assume 6 ticks.


For your second ATM, you will need to choose a higher Profit Target, or it will be filled before the rest of your strategy is triggered. For this example, I'll assume 8 ticks.

For both strategies, the large value in the "Frequency" field indicates that you want it to only occur once.

[mdsvtr]

Thanks

for the quick reply. Getting to work on setting up these ATM strategies as we speak - Mike