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Old 04-25-2008, 09:24 AM   #1
alanack
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Default Stop loss strategy question

I want to create a simple ATM with a custom stop loss strategy that has as a parameter volume traded at or below the stop price(for a long position). In other words, a defined minimum volume would have to trade at or below the stop loss before the order would be initiated. Is this something I could do with the Strategy Wizard or will I have to write the NinjaScript code from scratch to get it done? Thanks.

Alan
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Old 04-25-2008, 09:27 AM   #2
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For clarification -

- You can not create a custom NinjaScript strategy that is launched when you manually trade with an ATM strategy
- You can create a fully automated strategy that can trigger a stop based on what you want but the entry will be automated as well
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Old 04-25-2008, 09:33 AM   #3
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Okay, it makes sense that you wouldn't be able to combine an ATM with a NinjaScript strategy. But it sounds like you're saying that there is no way to create a discretionary strategy with a custom stop, that all NinjaScript strategies are automated. Is that correct? Thanks.
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Old 04-25-2008, 09:37 AM   #4
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That is correct, there is no way to create a custom coded script that manages your exit after taking a manual entry. This is on our list.
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Old 04-25-2008, 09:47 AM   #5
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My strategy is so simple, I have to ask, is there no way to write it in such a way that it could easily be cheated somehow(work it so that it can still be entered manually)?
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Old 04-25-2008, 09:55 AM   #6
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There is no way.
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