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manage risk by ATR

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    manage risk by ATR

    Hello

    first i will apologies for my poor English.

    Strategy i developed it's base on EMA 8 cross VWAP above/below long/short QQQ
    ( NASDQ ETF ).
    Trade between 10:00 - 15:00 ET only
    Its sound's simple. The key for success and be profit for long time it's money management

    The condition for stop loss and take profit by ATR, how can i set the time 10:00 - 15:00 that automated trade will work

    1. stop loss 0.2 ATR ( That's My risk).
    2. take profit 0.6 ATR
    3. stop move to B/E at 0.2 ATR in profit.

    Untill now i did't get how to manage my risk By ATR AT NINJA TRADER

    I't will be help if some of the guy's here can answered

    Thank you

    i am on skype too at nick name : ymca4u

    #2
    ymca,

    I am happy to assist you.

    Here is a reference sample on using time filters : http://www.ninjatrader.com/support/f...ead.php?t=3226

    The other things you want to do will require programming in NinjaScript.

    Here is a link to educational resources : http://www.ninjatrader.com/support/h..._resources.htm

    Please let me know if I may assist further.
    Adam P.NinjaTrader Customer Service

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