Widening Trailing Stop

[JohnnyB]

NT V4.0.04, in simulation, SuperDOM works fine to narrow the trailing stop via the autotrail setting when the step onetarget is hit.

But, it seems that if the autotrail step one setting is set to widen the trailing stop to a larger stop, it is ignored, and the stop is unchanged. What am I missing?

[NinjaTrader_Vincent]

Hi JohnnyB,

The Auto Trail will not widen your Stop Loss



Vincent Bolte

Customer Service

NinjaTrader, LLC

[JohnnyB]

Hi Vincent,

Thanks for the fast response!

The conventional strategy is, of course, to incrementally tighten stops. But once you've achieved or surpassed break-even with your first target, in some markets it is often very profitable to open up the stop setting to go after a really big move.

Is there perhaps some other way to implement this in NT, or if not, could widening autotrail stops be put on a wish list?

Thanks!
JohnnyB