Below is from page 122 in the NT 6.5 Help Guide. Are there functions in Ninja Script for accomplishing Auto Trail (both live and backtesting)?
Thx.
"Auto Trail Example #1:
The image is saying:
"Once our trade has 4 ticks in profit, move our stop loss back 6 ticks and move it up
for every additional 2 ticks in profit."
Average Entry - 1000 Long (SP Emini contract)
The market moves up to 1001 and the auto trail is triggered (Average Entry + Profit Trigger
= 1000 + 4 ticks = 1001) and the stop loss is adjusted to 999.50 (1001 - Stop Loss = 1001
- 6 ticks = 999.50). For every additional 2 ticks (Frequency of 2 ticks) the stop loss will be
adjusted by 2 ticks."
Thx.
"Auto Trail Example #1:
The image is saying:
"Once our trade has 4 ticks in profit, move our stop loss back 6 ticks and move it up
for every additional 2 ticks in profit."
Average Entry - 1000 Long (SP Emini contract)
The market moves up to 1001 and the auto trail is triggered (Average Entry + Profit Trigger
= 1000 + 4 ticks = 1001) and the stop loss is adjusted to 999.50 (1001 - Stop Loss = 1001
- 6 ticks = 999.50). For every additional 2 ticks (Frequency of 2 ticks) the stop loss will be
adjusted by 2 ticks."
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