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Need help witting setting up a trailing stop

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    Need help witting setting up a trailing stop

    I would like an automated trailing stop that with an ATM profit target of $100 and a loss target of $100 would trail with the following conditions. 1) if profit = $20 then stop loss = $80. If profit reaches $40 stop loss = 0 or break even. If profit = 80 stop loss = $70 profit. Trading the NQ with a Tick value of $5 Need help with what numbers to place in the parameters section shown in figure two

    #2
    Hello TheDailyBenjamins,

    Thank you for your inquiry.

    I've included a screenshot of the desired settings below.

    Click image for larger version

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

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      #3
      Thank you very much! I will test this today.

      Comment


        #4
        Originally posted by TheDailyBenjamins View Post
        Thank you very much! I will test this today.
        We're a vendor that has our own xabcd pattern software BUT we also put out a free ATM pack which is a collection of almost 24 different strategy templates. Part of that is also a free video course on understanding atms and all these options to make your own. Might find it a good starting point: https://www.xabcdtrading.com/atm-template-pack/
        xabcdtrading
        NinjaTrader Ecosystem Vendor - XABCD trading

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