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Adjust Take Profit based on Stop Loss

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    Adjust Take Profit based on Stop Loss

    Hi,

    Is there some way to have NT move my first take-profit limit order based on the distance that I move my stop-loss?
    For example- I enter using an ATM strategy that automatically sets my stop-loss and two take profits.
    Once the order is filled, I will usually grab my stop-loss and move it to the location it needs to be.
    I would like my first take profit to move up a certain amount of ticks for every certain amount of ticks I move my stop-loss away.
    However- I don't want my take-profit to come any closer than it's original position if I move my stop-loss closer.

    Any way to do this with what exists in NT, or any existing 'indicator'?
    I don't have any programming knowledge, if this will require any.

    #2
    Hello DanDaMan,

    Thank you for your post.

    This wouldn't be possible with the native features of the platform and would require custom programming in a fully automated NinjaScript strategy.

    If you are not a programmer yourself, a third party vendor could assist further with creating such an item.

    I have also included a link to our NinjaTrader Help Guide on the Strategy Builder:Please let me know if I may be of any further assistance.
    Spencer F.NinjaTrader Customer Service

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