"Take Profit" and "Close Partial Position"

[Problem_Gambler]

Hey folks - Most of the other platforms I've used have a feature where you can close the position at any price ('take profit'). How is this done in Ninjatrader desktop?

I can set an opposite buy/sell order (e.g., if I'm long I can set a Limit sell higher up where I want to close the position) - but that isn't the same, since the order to sell higher up remains if the position is stopped out.

[NinjaTrader_Zachary]

Hello Problem_Gambler,

Thank you for your post and for using NinjaTrader.

If you are looking to automate your exit orders at predetermined price levels, you would want to utilize ATM Strategies. This would set a Profit Target and Stop Loss order at a user-specified price level away from the entry order once the entry order has filled. You may review more information about ATM Strategies from the link below;

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

Please let us know if we may assist you any further.