PDA

View Full Version : How to create custom bracket?


hdfYM6pDOQ
02-27-2008, 11:33 AM
Hi,

Is it possible to have a simple "2 Target 1 Stop" strategy without having to specify specific numbers of tick for target and stop, but instead using some support and resistance levels (fibonacci for example)?

Also, stop would have to move (and qty reduced) to entry point (or whatever +/-) after first target hit instead after fixed number of ticks.

Last leg (2nd target and stop) should be OCO.

Thanks for help.

NinjaTrader_Jessica
02-27-2008, 11:55 AM
Thank you for your post.

"Is it possible to have a simple "2 Target 1 Stop" strategy without having to specify specific numbers of tick for target and stop, but instead using some support and resistance levels (fibonacci for example)?"

This would require a custom programming, and cannot be done with an ATM Strategy.

"Also, stop would have to move (and qty reduced) to entry point (or whatever +/-) after first target hit instead after fixed number of ticks."

You can do this with the Auto Breakeven feature, but it will require a profit trigger listed in ticks.

"Last leg (2nd target and stop) should be OCO."

All of the stops and targets in an ATM strategy are OCO orders.