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ATM Strategies (Discretionary Trading) Support for Advanced Trade Management, AutoTrail, AutoBreakeven, Stop Strategy and Simulated Stops etc...

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Old 01-14-2009, 02:00 AM   #1
mario73
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Default trailing stop with single stop order

Hello!

Is it possible, to use a trailing stop with a single stop order:

Let's say I am long, entered at 100.

I set a sell stop at 80, and want the sell stop order to move up to 90, when the market hits 120.

Does NT recognice the sell stop as a stop loss order?

Thank you.

Mario
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Old 01-14-2009, 02:20 AM   #2
NinjaTrader_Bertrand
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Hi Mario, sure if you right click on your working Stop Order you can attach the 'Auto Trail' to it - http://www.ninjatrader-support.com/H...AutoTrail.html

Of course you first want to set your custom 'Auto Trail Properties' up.
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Old 01-14-2009, 02:43 AM   #3
mario73
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Default trailing stop

thank you very much for your lightning fast answer!!!!

So, when I want to change the break even parameters of a working order - I have first to uncheck autobreakeven - than change the properties - and than check autobreakeven again - is this correct, or is there a better way to do this?

Thank you

Mario

PS: Another question:

Does RCG use Patsystem?

If so, what time of the day does Pats shut down it's connection?

What's about weekends?
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Old 01-14-2009, 02:55 AM   #4
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Hi Mario, you are welcome. You want to contact RCG / Pats directly on their maintenance schedules.

You are correct on the AutoBreakeven properties change, if you happen to use the some AutoBreakeven / AutoTrail settings more often, you can automate the modifications with an ATM Strategy - here is a simple example on how this is done - http://www.ninjatrader-support.com/H...yExample1.html

Here some more advanced - http://www.ninjatrader-support.com/H...yExample2.html
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