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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 02-06-2010, 03:52 AM   #1
gigi111
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Default Auto Chase?

Hi
How can I Auto Chase or to trail a SLM(STP) order in NinjaTrader?
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Old 02-06-2010, 09:54 AM   #2
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gigi,

I MIGHT have the answer to this. Can you elaborate on exactly what you want to do? If you'd like to set an initial stop, then have the stop move to breakeven and trail from there, like the ATM does, I can help.

Dave
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Old 02-06-2010, 10:34 AM   #3
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Hello gigi111,

Thank you for your post.

Please elaborate on what you are trying to accomplish so that I may more accurately advise.
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Old 02-06-2010, 12:49 PM   #4
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Sorry

Last price is 100 and I place a SLM order at 95(if the last price is 95 to SELL) but price goes up at 105...how can I have my SLM automatically at 100?
If the market moves away from my order :
Last Price - my SLM = constant number of ticks

Hope make sense
Have a good day
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Old 02-06-2010, 04:00 PM   #5
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Hello gigi111,

Thank you for your reply and the clarification.

For this, you would want to use the auto-chase feature available in NinjaTrader ATM.

For more information, please see the following link: http://www.ninjatrader-support.com/H...AutoChase.html
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Old 02-07-2010, 12:56 AM   #6
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Thank you for your reply. But Auto Chase works only with LMT orders. Or something I do wrong?
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Old 02-07-2010, 09:50 AM   #7
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Hello gigi111,

Thank you for your reply.

Please excuse the confusion, you are correct.

This type of modification is possible with the order types you want to use, but custom programming is required. If you are not a programmer, any of the NinjaScript consultants listed at the following link could code such a project for you: http://www.ninjatrader.com/webnew/pa...injaScript.htm
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