Baton Rouge, LA - USA
Experience: None
Platform: NinjaTrader, RTrader
Trading: Emini ES, Crude CL
Posts: 61 since Sep 2016
Thanks Given: 24
Thanks Received: 67
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Does anyone know if there is some sort of trade management tool that will automatically place stops and targets based on predetermined risk/reward settings and gives you the option to move the stop and it dynamically move the targets accordingly to stay withing the risk/reward parameters?
And/Or one that will give you the option to have it place the stop certain number of ticks below the low of one of the previous lower candles and have the target(s) placed based on risk/reward parameters?
Or something similar?
I want to be able to take profit quickly on my first contract without having to manually calculate and adjust both the stop and targets. Ninjatrader ATM is too static.
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