View Full Version : simple atm
mezameo
12-20-2007, 02:32 AM
Hi everyone,
I am at a loss when trying to apply a very simple trading strategy.
1)open 2 contracts,
2)1st contract hits target (variable each entry not the same amount of ticks every trade)
3) move stop to break even on trailer
How to set up an atm for #3???
NinjaTrader_Ray
12-20-2007, 07:10 AM
Are you wanting to create a NinjaScript strategy or define an ATM strategy through one of our order entry windows?
mezameo
12-20-2007, 07:12 AM
When I enter at mkt manually I want to have #3 as a default.
NinjaTrader_Eamon
12-20-2007, 07:37 AM
Hi everyone,
I am at a loss when trying to apply a very simple trading strategy.
1)open 2 contracts,
2)1st contract hits target (variable each entry not the same amount of ticks every trade)
3) move stop to break even on trailer
How to set up an atm for #3???
Hello Mezameo,
Thank you for your post.
To do this you will use the Auto Breakeven feature. You will set a profit target for the first contract. Then on the second contract from the 'stop strategy --> Auto Breakeven' you will set your Profit trigger to the same value as the first contracts Profit Target and leave the 'plus:' field set to zero.
For more information on the Auto Breakeven feature please view our User Guide section here: http://www.ninjatrader-support.com/HelpGuideV6/AutoBreakeven.html
I would also recommend attending our ATM level 1 and ATM level 2 webinars. The webinars are always free and will cover this topic in detail. You can find a schedule of upcoming webinars here: http://www.ninjatrader.com/webnew/trading_online_events.htm
mezameo
12-20-2007, 07:46 AM
ok got it, thanks a bunch!