Setting Dynamic Profit Target & Stop Loss in ATM Strategy

[NINZAMANA]

I have a technical question regarding ATM strategies in NinjaTrader 8.

I want to manually place my trades, but I would like my ATM strategy to dynamically determine the Profit Target and Stop Loss based on a value such as ATR (Average True Range). Essentially, once I enter a trade manually, the ATM strategy should automatically apply the stop and target levels derived from ATR.

I understand that I could write a strategy, but that would automate trade entries, which is not my goal. I want to retain manual control over entries while allowing the ATM strategy to dynamically adjust the exit levels.

Is there a way to achieve this within NinjaTrader’s ATM strategy settings?

Looking forward to your insights.

[NinjaTrader_Gaby]

Hello NINZAMANA,

Thank you for your post.

Unfortunately, this would not be possible using an ATM strategy.

You could achieve similar behavior (as you've noted) using an automated NinjaScript strategy.

If you'd like more information on creating NS strategies please let us know.

[Fertryd2]

I have a technical question regarding ATM strategies in NinjaTrader 8.

I want to manually place my trades, but I would like my ATM strategy to dynamically determine the Profit Target and Stop Loss based on a value such as ATR (Average True Range). Essentially, once I enter a trade manually, the ATM strategy should automatically see here apply the stop and target levels derived from ATR.

I understand that I could write a strategy, but that would automate trade entries, which is not my goal. I want to retain smart locker manual control over entries while allowing the ATM strategy to dynamically adjust the exit levels.

Is there a way to achieve this within NinjaTrader’s ATM strategy settings?

Looking forward to your insights.

You can’t set ATR-based dynamic stop and profit targets directly in NinjaTrader’s default ATM settings. However, a workaround is using a NinjaScript Add-On or indicator that calculates ATR-based levels and displays them on your chart. You can then manually set the ATM’s stop and target based on those values. Alternatively, you’d need a custom NinjaScript strategy for fully automated exits.
Is there a way to configure NinjaTrader’s ATM strategy to automatically adjust stop loss and profit target based on ATR while keeping manual trade entries?