Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Ned help on how to set up a custom trailing stop on Ninja, thanks.
I wanted to set a particular trailing stop strategy for my position and was wondering if anyone could help me. What I need is to have a 4 tick stop and after 10 ticks in my favor move to break even. then when it gets to 30 ticks in my favor I want the stop to move to + 25. If anyone could show me how to set this up on my ninja dome I would appreciate it. Thanks Hector
Can you help answer these questions from other members on NexusFi?
You can do that through an ATM Strategy.
Setup a new strategy (via DOM). You set your initial stop on that front screen, then select <custom> for the Stop Strategy. Set the Profit Trigger to the point where you want your S/L bumped and the Plus field to the new stop point.
Thanks Enso but I don't understand what you are saying. I have a two part stop. One at +10 in favor then move to break even. Then at plus +30 move stop to plus 25. Is there anyway to show me a screen shot of the dome with the settings it would sure help me. Thanks Hector
Enso this video really did not go over what my intent is. Maybe I am not explaining it correctly.
1. Initial set up would be 4 tick stop and 50 tick target one contract.
2. When price moves to + 10 I want the stop to be moved to break even.
3. Next when prices moves to +30 I want stop to be moved up to +25 to lock in profits.
