ATM strategy set up.

[yngtrader]

Having trouble getting my head around on how to do the following using the ATM strategy tool:
1) Enter trade With a target of 12 ticks and a stop of 10 ticks
2) When price hits +4 ticks from entry, move stop to 4 ticks (Entry-4ticks). Hold stop at the entry-4ticks
3) When price hits +8 ticks from entry, stop goes to a trailing stop of 8 ticks until the original target of +12 ticks is hit.
Hope that is clear.

Appreciate any help
Thank you

[NinjaTrader_LuisH]

Hello yngtrader,



Thank you for posting on the NinjaTrader forums. Take a look at the following steps to set a custom stop strategy based on the parameters provided.



1. Set Up Initial Stop and Target

1. Under Targets, set:
   • Profit Target: 12 ticks
   • Stop Loss: 10 ticks

2. Add Stop Strategy with Auto Breakeven and Auto Trail

1. Select Stop Strategy → Custom.

Auto Breakeven (Move Stop to Entry - 4 Ticks)

1. Enable Auto Breakeven.
2. Set Profit Trigger to 4 ticks.
3. Set Plus* to -4 ticks (this moves the stop to entry - 4 ticks).

Auto Trail (Trailing Stop after 8 Ticks)

1. Enable Auto Trail.
2. Set up a single step as follows:
   • Profit Trigger: 8 ticks.
   • Stop Loss: 8 ticks.
   • Frequency: 1 tick.

Please let us know if there's anything else we can assist with!