Trailing Stop Question

[underground]

Ok this is just a hypothetical question so that I might under stand how to use the trailing stop feature:

Symbol ES

7 point stop to begin with; entry price 1000.00; profit 1 point (1001.00)

price moves 0.75 (1000.75) bring stop up 4 points, price moves 0.25 (1001.00) bring stop up 2 points, price moves 0.25 (1001.25) above profit bring stop up to breakeven plus 0.25.

so I would set the stop strategy like this:

Auto breakeven trigger - 1.25 - plus 0.25

Auto Trail:

Step 1 - stop loss 7.00 - frequency4.0 - profit trigger 0.75

step 2 - stop loss 3.00 - frequency 2.0 - profit trigger 1.0

[NinjaTrader_VinceB]

imported post

Hi Underground,

What you try to achieve, can be done to a certain point. Because you've set your Profit Target set to 1 point, it is not possible to move your stop loss when you've reached 1.25 in profit because your Target would be filled already.

If you send an email to [email protected] with your phone number, I will walk you through.

Vincent

Customer Service

NinijaTrader, LLC

[underground]

imported post

Vincent - I sent you an email with the thread title within the subject line, thanks for the help. Look forward to your call when you have a chance to return it.



Underground

[underground]

imported post

Thanks for the help