Autobreakeven Question

[topfuelfan]

How do I set Ninjatrader ATM to move stops as follows?
2 contracts ( long setup) -6 tic stoploss
Sell 1st. contract at +2 ticks and at the same time move the second contact's stop +2 = -4
At 2 more tics, (+4 total) go to Autobreakeven and hold.
Thanks for your help guys.

[NinjaTrader_Jason]

Hello topfuelfan,

You will need to setup the following AutoTrail strategy under 'Target 2'.

Step1

Stop loss: 6
Frequency: 9999999
Profit trigger: 2

Step2

Stop loss: 4
Frequency: 9999999
Profit trigger: 4

[topfuelfan]

Thanks for the quick response Jason!
I am testing this in Sim mode so I need to go through the target to get filled.
The second contract moves at the touch. I would like it to move as the first contract get its fill.
How would I adjust these settings below as posted ?
Also wondering about the 9999999 setting.
Is there a place were I can learn about this setting?
Thanks for your help!

[NinjaTrader_Jason]

Hello topfuelfan,

You would increase the Profit trigger by 1 tick under Step1.

The Frequency defines when the AutoTrail triggers again. If you enter a value of 3, the stop loss will be re-adjusted every 3 additional ticks in profit. Since you need only one adjustment, I set the Frequency to a very high value.

You can find more information regarding the AutoTrail strategy at the link below.

http://www.ninjatrader.com/support/helpGuides/nt7/auto_trail.htm

[topfuelfan]

Thanks for your help! Good job!
I was stuck trying to figure this out.
Looks like this will work fine .
Wow Netherlands ! I work with ABB Robots built in Sweden at my work.

[NinjaTrader_Jason]

Good to hear it works! Have a nice day.