ATM manual order execution but automated P/L Stopps

[pmmkm]

Hi,

sorry if it bores most of you, I am not aware of programming and wont get it due to lack of time.

Just had a look at the ATM parameter settings, but what I want to do is just simple but not available obviously.

Any hints or ideas?

I want to set a manual order every day with a fixed order size for every day. Close to the market or as a market order that it will be executed soon.

But what I want to be calculated is a always fixed Stopp Loss and Stopp Profit amount, regardless of the size of the whole position ( it narrows while the position is getting bigger)

Means that every result of an existing position is recalculated once the new order is filled and a new average price is reached, the Stopp Loss and Stopp Profit should be adjusted automatically.

[NinjaTrader_Jesse]

Hello pmmkm,

Thank you for the post.

I wanted to clarify, will you only be entering once? Are you saying that you would like to do a manual entry once with more than 1 quantity, and then you would like to update the targets as each fills with a new target price?

The average entry price should be fixed if you enter once unless you mean to enter at different price points which in that case the average entry price would change as you enter each new entry. Are you instead asking to base the stops off of the last filled stop price? Can you provide more detail or an example of the process you want?

This is very likely going to be possible with manual programming but as you noted you do not want to go that route. With more clarification on what you want, I can check if there is a manual way to do this otherwise you may need to reach out to a third party programmer if you needed something that is not directly possible manually.


I look forward to being of further assistance.

[pmmkm]

I will entering once every day, manually, the position size increases

I just try to get into the strategy builder, obviously it is only possible this way