Support Board

Date/Time: Tue, 30 Apr 2024 02:57:21 +0000

Post From: Leap Frog - Ratchet Stop

[2013-08-27 19:59:26] Link To Thread - Link To Post [Go To First Post]
9baller - Posts: 38
I am coming from NT and want to replicate my ATM stop strategy.... I use a leap frog type of stop where: once the market moves 5 ticks in my favor... I use a 13 tick trail....and every 4 ticks it adjusts... once the market moves 13 ticks the stop I effectively have a breakeven stop but it has moved incrementally....Now once 14 ticks has been achieved the stops leaps to trail by 5 ticks....adjusted every 4 ticks... if the market explodes to 25 ticks profit...the stop relaxes a bit to trail by 7 ticks...adjusted every 4.... with this type of stop I am not concerned with protecting small gains.... but take profits only when 14 ticks is achieved....keeps ratios strong can this be done?.... I see that the stop all function does not offer differing thresholds for offset and trail