Have a second take profit if the price does not touch the first one.

[FernandoParra]

Hello friends,

I have a question, I have an ATM in my ninja trader8, it's simple, my profit is 2 points and my stop loss is 1.25 points.

The question really is, is there any way to set up the ATM for this, if the order does not touch 2 points, when the price goes back, my take profit become 1.5 points.
For example

[NinjaTrader_ChrisL]

Hello FernandoParra,

Thank you for the post and welcome to the NinjaTrader forum.

It is not possible to move your profit target automatically with an ATM Strategy alone. A fully automated NinjaScript strategy must be written to do this. SetProfitTarget can be used to place a profit target for orders made by a NinjaScript strategy.

If you would like to learn more about NinjaScript strategies, the forum link below is a good introduction, it includes links to educational resources and documentation:

http://ninjatrader.com/support/forum/showthread.php?p=503609#post503609

Please let me know if I can assist further.

[FernandoParra]

Thanks CrisL,

What is more easy, move the profit target or move the stop target ?

your information is very valuable for me!

[NinjaTrader_ChrisL]

Hello FernandoParra,

Thanks for the reply.

With an ATM strategy, moving the stop or target is done by clicking the stop to grab it, then clicking on a different price level to set it.

Moving either a stop or target is also done in the same fashion in NinjaScript. You may call SetStopLoss or SetProfitTarget in OnBarUpdate if a dynamic stop and target is necessary.

Please let me know if I can assist further.

[FernandoParra]

Querido chrisl,

Gracias por todo,

ya logré hacer lo que Necesitaba