ATM stops and targets, currency instead of ticks

[Perr0Grande]

One of the things I love about Ninja is the ability to add into and scale out of trades while the ATM bracket order manages my stops and targets. This works well with Points or Ticks; however, I'm having trouble with the currency function. Is there a way to use currency to manage the stop? For example, while I'm adding into a trade, I want to maintain my stop at a - 100 dollar loss. Again the tick function works great but that holds it at a static point input. Thanks!

[NinjaTrader_Erick]

Hello Perr0Grande,

Thank you for reaching out.

The ATM Currency parameter type will set the profit target and stop loss a certain PnL away from average entry calculated by the dollar per tick value for the order quantity used.

Note that the parameter type of Currency or Price cannot be used for stop strategies like 'Auto trail'. Tick will be used instead, which is indicated by the (t) next to Auto Breakeven and Auto Trail in the stop strategy parameters.

See this help guide page for more information about ATM Strategy template stop loss and profit target parameters: https://ninjatrader.com/support/help...parameters.htm

See this help guide page for more information about ATM Strategy template stop strategies: https://ninjatrader.com/support/help...p_strategy.htm


Please note, if you are no able to accomplish the Stop Loss behavior you are looking for with ATM templates, you can always reach out to our Engineering team for assistance in scripting an automated strategy that uses the parameters of your choosing for its dynamic stops.

If you want more information on what is possible with automated strategies, please reach out to

[email protected]

for further assistance.