Move stop after negative and then turns positive

[PaulGuo]

Hi,

This is opposite of the break even after first target hit function. I've searched and have been unable to find anything related to this in the forums.

Here is the scenario:

1. Using a single contract (primarily CL, GC, ES, YM and NQ)
2. Stop loss market is set at -12 and profit is set at +36
3. If initially, order dips into -6 and reverses to +6, I want to move stop loss to +2. Profit target remains at +36.

How would I create the template(s) for this?

Thanks very much!

Paul

[NinjaTrader_CodyB]

Hello,
Thank you for your post.
Unfortunately you can not create a stop strategy that will move a stop loss when the market goes against you. In addition you can nor create a stop strategy that will move the stop loss only when the market goes against you and then reverses and goes int your favor.
I have submitted a feature request to our development team for consideration for these options in future versions of NinjaTrader.
If we can be of any other assistance please let us know.

[PaulGuo]

Hi,

This is opposite of the break even after first target hit function. I've searched and have been unable to find anything related to this in the forums.

Here is the scenario:

1. Using a single contract (primarily CL, GC, ES, YM and NQ)
2. Stop loss market is set at -12 and profit is set at +36
3. If initially, order dips into -6 and reverses to +6, I want to move stop loss to +2. Profit target remains at +36.

How would I create the template(s) for this?

Thanks very much!

Paul

Thanks for the quick response. This is definitely something I want to test. It's been a pain to paper test.

Regards