3-1-1 trailing stop

[daza]

Hi can you tell me how to set up the ATM to do the following i have been having problems with this:

Buy 4 lots stop at 15 ticks

2 lots off at 5 ticks stop to 10 ticks back from entry

1 lot off at 10 ticks stop to 5 ticks from entry

then 15 ticks move stop to entry price then for every 5 ticks profit move stop +5 ticks

thanks daza

[NinjaTrader_Jason]

Re: 3-1-1 trailing stop

Hello Daza,

Please use the following settings to set up your ATM strategy.

Order qty: 4

3 target ATM strategy

target 1:
Qty: 2
stop loss: 15
profit target: 5

target 2:
Qty: 1
stop loss: 15
profit target: 10

stop strategy/auto trail (1step):
stop loss: 15
frequency: 99 (that way it will occur only once)
profit trigger: 5

target 3:
Qty: 1
stop loss: 15
profit target: 0

stop strategy/auto trail (1step):
step1:
stop loss: 15
frequency: 10 (as frequent as you would like the stop to trail the market)
profit trigger: 5

[sukhsan]

3rd Target as Runner

Hi Jason,

I tried this one but could not work for me,my question is as Daza
Q: Long 4 contrct --- stop loss 14 ticks(for all)

1st target(2C)---10 ticks-- stop loss move 7 ticks up (-7 tick from entry)
2nd target(1c) ---20 tick --- Stop loss breakeven(@entrypoint)
3rd target(1c)----as runner-- trail stop by 4 tick every time when mkt. move 10 tick in favor

Thanks

[NinjaTrader_Jason]

Re: 3-1-1 trailing stop

Hi Daza,

Initial ATM strategy set up:
Stop loss: 14; 14; 14
profit target: 10; 20 ;0

Can you please verify if my explanation of your strategy is correct.

As soon as you have 10 ticks in profit, you will sell two contracts, which will cancel the two stop losses of "1 target". So after the two contacts are filled you want the stop loss of "target 2 and 3" to move up by 17 ticks behind the market.

Target 2/ stop strategy:
Auto Trail (1 step):
Stop loss: 17
Frequency: 99
Profit trigger: 10

Target 3/ stop strategy:
Auto Trail (1 step):
Stop loss: 17
Frequency: 99
Profit trigger: 10



Then, after you have reached 20 ticks in profit, you will sell one contract, which leaves you with only the stop loss of "3 target". So you would like to modify this stop loss to breakeven.

Target 3/ stop strategy:
Auto breakeven:
Profit trigger: 20


If you would reach 30 ticks in profit you would like to have the stop loss 4 ticks behind the market.

Target 3/ stop strategy:
Auto Trail (2 step):
Stop loss:4
Frequency:10
Profit trigger:30

[sukhsan]

Thanks Jason,

I will try this strategy on Monday, then let you know.

Regards

[daza]

Hi jason, i am new to ATM, so not sure how to set the strategy with in NJ, is it possable to have pics of what the templates should look like.
for example you say

target 1:
Qty: 2
stop loss: 15
profit target: 5

but how do i but this into NJ ATM

sorry for so stupid,

daza.

[NinjaTrader_JoshP]

Hi daza,

There are video tutorials of how to setup ATM strategies and such located here http://www.ninjatrader-support.com/H...l?VideoLibrary

You may also find it useful to attend one of our free training webinars. I believe these two webinars will be useful for you.

http://www.ninjatrader.com/webnew/events_onlinetrading_ATM_1.htm

http://www.ninjatrader.com/webnew/events_onlinetrading_ATM_2.htm

A schedule of upcoming events is in the link in my signature.