AFT7 stop loss breakeven

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 system overview of components 
  • AFT7 Working with and saving workspaces
  • AFT7 Stop Loss and Risk Setup

AFT7 Basic Stop Loss and Trail stop concepts

1. Static Stop Loss - ticks  entered by the user/trader
2. 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.

• 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

1. Click the settings for the NinjaBuddy then select tab stop loss
2. View/edit the setting #602 
3. 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

1. 01A: StopLoss BE CalcMode: 1
2. 01C: Trigger Ticks: 10
3. 01D: BE Offset Calc Mode: 0
4. 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

1. 01A: StopLoss BE CalcMode: 3
2. 01B: ...Multi: 1
3. 01D: BE Offset Calc Mode: 1
4. 01E:  BE Offset Calc:  -0.5