Setting up an ATM strategy

[morrnel]

Hi,
For MNQ, I have set up a strategy with a 45 t, stop and 135 t profit. I want to reduce the stop loss 8 t when the move 4 t profit.
The stop loss should be in positive territory after 6 times.
How would I set this up?
Thanks

[NinjaTrader_Jason]

Hello morrnel,

Can you please setup the Auto Trail as follows for your ATM strategy.

Stop loss: 41
Profit trigger: 4
Frequency: 4

At 4 ticks in profit, the stop loss is adjusted to 41 ticks behind the current market price. For every 4 ticks in profit, the stop loss adjust to 41 ticks behind the current market price.

[morrnel]

Thanks. What is the meaning of the frequency of 4?

[NinjaTrader_Jason]

For every 4 additional ticks in profit, the stop loss is re-adjusted.