AFT7 AFT000 Algo Pro Trader AFT7 Advanced Trade Management Examples - Stop Loss Break-even parameters
Additional Examples
- For any additional example scenarios please send us a support request
AFT7 Required background information
Please Note: make sure you view these articles to understand the basic concepts used:
AFT7 Basic Stop Loss and Trail stop concepts
- Static Stop Loss - ticks entered by the user/trader
- Dynamic/ Adaptive Stop Loss - (Such as volatility adjusted by a coefficient/multiplier)
Accessing parameters and saving settings templates
- To understand how to access parameters please view AFT7 system overview of components
- Parameters can be accessed via the AFT NinjaBuddy/Easy Trader settings tab pages or in place the "Adv. All" tab view in the AFT000 Algo Pro Trader - Ninja Buddy Settings Menu as shown above in the articles in section required background info.
- If it also possible to interact with any AFT indicator as you would with any other NinjaTrader indicator and configure settings from a chart in the NinjaTrader Indicator list- but with AFT you can load and save templates for each indicator.
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Configure the parameters within AFT000 Algo Pro Trader and then save as your own template and workspace to avoid losing changes via an update.
TIP !
Save your settings as new template and workspace to avoid losing settings on rollover updates!
Access from within NinjaBuddy Basic View
- Click the settings for the NinjaBuddy then select tab stop loss
- View/edit the setting #602
- For advanced view click the arrow button to see all settings with description
Within stoploss breakeven advanced view
- click the parameter and view the description below
- resize the description pane height if need be to view the description
Example 1: Static Ticks Stop Loss Break-even
At 10 ticks profit move stoploss to break-even - the position average price
use #602 Stop Loss BreakEven Setup
- 01A: StopLoss BE CalcMode: 1
- 01C: Trigger Ticks: 10
- 01D: BE Offset Calc Mode: 0
- 01F: BE Offset Ticks: 0
Example 2: Dynamic Stop Loss Break-even at Target 1 Price
At target 1 price profit move stoploss to 50% of the risk of the initial stoploss
use #602 Stop Loss BreakEven Setup
- 01A: StopLoss BE CalcMode: 3
- 01B: ...Multi: 1
- 01D: BE Offset Calc Mode: 1
- 01E: BE Offset Calc: -0.5
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