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nicknamed
01-05-2010, 03:59 PM
Hi,
I got a stupid question.
I tried to watch some video trainings but they are so quick I will forget it when I want to try it...
I tried it several times to play with that settings but maybe I am simply stupid or I do not see it there. How to set ATM to do the following:

SL -20, PT +50,

There will be autostop at B/E at +15.

when I am in +20 (ticks in profit), then move SL to +5 (B/E +5), no trailing stop, just a simple move

when I am in +40 profit, then shift SL to +30, no trailing stop yet,

if the price makes it to +50 then start a trailing stop (tick by tick changes of SL - maybe chasing?) by 10 ticks.

Is that possible?
Thanx a lot in advance.
N.

NinjaTrader_RyanM
01-05-2010, 04:19 PM
Hello nicknamed,

Thank you for your post.

I have attached an image with these settings. One thing to keep in mind is that the fourth stage of your stop strategy (50 ticks in profit) is set to the same value as your initial profit target. This means you will always be filled before that part of the stop strategy can activate. You will have to adjust either of these numbers.

nicknamed
01-06-2010, 04:45 AM
Hello nicknamed,

Thank you for your post.

I have attached an image with these settings. One thing to keep in mind is that the fourth stage of your stop strategy (50 ticks in profit) is set to the same value as your initial profit target. This means you will always be filled before that part of the stop strategy can activate. You will have to adjust either of these numbers.

thank you Ryan, I tried similar a settings (with those values adjusted) but did not see the third stop step activate, I will check it again. Thank you a lot.