i know how to set a SL and TP however that is for the number of contracts I set. My question is, how do I keep the same SL or TP if I add contracts. For an easy example: I have a Stop Loss set at $250 and a Take Profit at $500 for one contract. But while I am in the trade and I add a contract, it doubles my SL or TP so for 2 contracts it would be $500 SL and $1000 TP. I don’t want to do that. I want to keep the original margins. So essentially, getting to my TP quicker by adding contracts but now adding to the TP price. I hope this makes sense.
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Constant Stop Loss and Take Profit
Hello! Long time listener, first time caller here.
i know how to set a SL and TP however that is for the number of contracts I set. My question is, how do I keep the same SL or TP if I add contracts. For an easy example: I have a Stop Loss set at $250 and a Take Profit at $500 for one contract. But while I am in the trade and I add a contract, it doubles my SL or TP so for 2 contracts it would be $500 SL and $1000 TP. I don’t want to do that. I want to keep the original margins. So essentially, getting to my TP quicker by adding contracts but now adding to the TP price. I hope this makes sense.Tags: None
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Hello TheTodd,
Apologies, you have posted in the Strategy Development section of the forums which is for NinjaScript Strategy development support (which would involve coding).
If you want to have a call with a representative regarding regular ATM strategies, please write to our Technical Support team at support[AT]ninjatrader[DOT]com. Or, you can post on the Technical Support section of the forums if you want support here on the forum.
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