trailing stop on chart trader

[SteveReiza]

I have a custom atm strategy for the chart trader that is 10 stop loss and 15 profit target. I'd like to move the stop loss to 5 when profit of 6 ticks is hit. I'm looking at the custom stop parameters and can't figure it out. What might that look like to accomplish this?

[SteveReiza]

i have it set as a 2 step auto trail. stop loss 11 profit trigger 6 that would give me the profit of six ticks to the stop loss of 5 i'm looking for but i don't want it to trail. what should the frequency be. it won't let me put zero.

[NinjaTrader_Oxana]

Hello,
Thank you for your post.

Within a Stop strategy, you can use Auto Trail and set a Trailing stop, so your Stop loss will move when market moves in your favor.
There are 3 available steps for Auto Trail parameters (Stop Loss, Profit Trigger, Frequency).

Each step can have unique parameters providing you with the flexibility to tighten your Stop Loss automatically as your profits increase.
Auto Trail can be set before entering a position as part of a Stop Strategy.

Frequency sets the value for the Auto Trail, the number of ticks in profit after the Profit Trigger that you wish to see the Stop Loss adjusted. The Frequency of 999 ensures this change will only occur once. The Frequency of 1 will continue to trail the Stop Loss with every additional 1 tick in your favor.

Below, you will find links to Help Guide and some publicly available resources:

• NinjaTrader 8 Help Guide - ATMs: https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?advanced_trade_manag ement_atm.htm
• NinjaTrader 8 Help Guide - Auto Trail: https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?auto_trail.htm
• Video on How to configure an Automatic Trailing Stop:
  https://www.youtube.com/watch?v=IygD8bjtaxQ
• ATM 201 recorded training:
  https://www.youtube.com/watch?v=Gnyx8RSp3EI
• ATM 301 recorded training:
  https://www.youtube.com/watch?v=DH9y-j64X1U

Let us know if you have any questions.

[SteveReiza]

sweet! thank you so much