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AFT7 Trade Management Examples

Thomas Leeson
Updated

 

AFT7 AFT000 Algo Pro Trader AFT7 Advanced Trade Management Examples - Risk Position Size, Stop Loss, Trail Stops and Profit Targets scenarios

AFT7 AFT000 Algo Pro Trader supports volatility adaptive dynamic trade management control as well as static tick based models.  How to setup advanced trade management is easy when you know how with some basic understanding of features, all settings can be saved as a template within the AFT000 Algo Pro Trader.

 

Additional Examples

 

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

  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.

1.  Trade bracket 1, static stop loss & target, last price trail

Trade Management Plan Description:

1 lot trade, 24 tick profit,  24 tick stop loss,  at 12 ticks trail price by 12 ticks

Parameter Groups and Settings

Parameters are accessed via NinjaBuddy Settings  "Adv. All" tab or NinjaTrader Chart Indicator List 

  1. Parameters Group #004 Position Size (Lots)
    1. Trade Bracket 1 Qty: 1
    2. Trade Bracket 2 Qty: 0
    3. Trade Bracket 3 Qty: 0
    4. Trade Bracket 4 Qty: 0
  2. Parameters Group #601 Stop Loss Setup
    1. 01A: StopLossMode: 0 - Ticks
    2. 01B: Stop Loss Mode:0 User Defined Ticks: 24
  3. Parameters Group #602 Stop Loss BreakEven Setup
    1. 01A: StopLoss BE CalcMode: 0  (Off)
  4. Parameters Group #603 Stop Loss 1 Trail Setup
    1. #00A: Stop Loss 1 Trail Mode: 1 (Last Price)
    2. #10A: Stop Loss 1 Trail Mode:1:  10 (Ticks) 
    3. #10C: Stop Loss 1 Trail Trigger Mode: 0 (Ticks)
    4. #10E: Stop Loss 1 Trail Trigger Ticks: 12
    5. #10F: Stop Loss 1 Trail Offset Mode: 0 (Ticks)
    6. #10H: Stop Loss 1 Trail Offset Ticks: 2
  5. Parameters Group #700 Profit Target Setup
    1. #00A: Target Mode 1: 0 (Ticks)
    2. #01A: Target 1 Ticks: 24

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