constantly moving stop loss

[leaflessx]

I was wondering if there was a way to always have a moving stop loss, where each time price goes up a trailing might start 6 points down, but every point up it moves a point up, and same tick wise. I cant find a direct answer through google. I want it to automatically move up everytime price hits a tick/point higher, and the trailer doesnt move up unless price moves up past the current high. Thank you!

[NinjaTrader_ChrisSch]

Hello leaflessx,

Thank you for your note.

You can set this up in an ATM Strategy's Auto Trail settings if you set the initial Stop Loss to 6 and Profit to 0. Then in the Auto Trail settings, set the Stop to 6, Profit Trigger value to 1 and the Frequency to 1 which should move the stop loss up one point higher every tick in profit.

For more on Auto Trail, please see our Help Guide: https://ninjatrader.com/support/help...auto_trail.htm

Please let us know if we may assist further.