ATM Strategy that follows the money.

[morrnel]

Hello,
When I enter a trade on MNQ, I set the stop loss at 25 ticks and the profit target at 30 ticks. As the market moves up 5 ticks, I want to adjust the stop loss up 5 ticks. Is there an example I can look at to acomplish this?
Thanks
Morris

[NinjaTrader_Kennedy]

Hello Morris,

Thank you for your post!

I believe that you are looking for a Trailing Stop (or Auto Trail). I've provided our help guide below that has examples on how to accomplish this:

• https://ninjatrader.com/support/help...auto_trail.htm

Below is a screenshot of an example I created for how you might want to set this up:

• https://www.screencast.com/t/kxaZtrInE9

I've also provided our NinjaTrader YouTube video below on the Auto Trail feature:

• https://www.youtube.com/watch?v=IygD8bjtaxQ

I would recommend creating ATM Strategies and then using the "Simulated Data Feed" connection to test them and make adjustments to them as you see fit.

With the Simulated Data Feed connection, it comes with a Trend Slider that you can use to make the market go up or down to see how your ATM Strategy works in ideal conditions.

Please let me know if further assistance is needed!