Help with ATM settings

[RumHam]

Greetings, I am trying to set up a tailing stop for 2 scalp strategies. Here is what I would like to happen.

1. Open with 4 contracts (ES Mini)
Stop Loss of 8 (2 points)
Target of 4 (1pt)
Once the initial target is met move the stop to break even and then trail it with 4 (1 points)

2. Open with 4 contracts (ES Mini)
Stop Loss of 8 (2 points)
Target of 4 (1pt)
At target-
Sell 3
On the remaining contract move the stop to break even and trail with 4 (1 point)

Below are my current setups:



Thanks all

[NinjaTrader_Marco]

Hello,

Thank you for your post.

Both your setups here are missing a stop strategy. Additionally, you say "once the initial target is met" you want more parameters to be met, however, all your contracts are set to fill at the first target, which will close the postion. You'll need to add more targets to change the Quantity you are wishing to control for each target level you wish to define. More information can be found below in our Help Guide article regarding this topic:

https://ninjatrader.com/support/helpGuides/nt8/?advanced_trade_management_atm.htm

Please let me know if I may be of any further assistance.

[RumHam]

Thank you, I knew that, was hoping for some clarification on settings to execute what I am looking for. How does this look for my end strategy?

[NinjaTrader_Marco]

Hello,

Thanks for writing in today.

That looks right for the ATM parameters, I've added the Stop strategy parameters I believe you want to use:

https://www.screencast.com/t/dyOnm09qGnKu

I didn't add a Breakeven as you say "On the remaining contract move the stop to break even and trail with 4 (1 point)"

The profit trigger going to break even and at the same time, 8 tick trigger for the trail would negate the breakeven and move the stop loss to trail at 4 points.

Please let me know if I may be of any further assistance.