TL;DR: To set and manage Stop Loss (SL) and Take Profit (TP) in NinjaTrader, traders can modify orders directly from the SuperDOM on Windows/Mac, use ATM (Automated Trade Management) settings on the Web platform, or define SL and TP while placing trades on the mobile app. Orders can be adjusted by clicking on price levels, using Single-Click Order Modification (if enabled), or updating values from Open Positions, allowing effective risk management across all NinjaTrader platforms.
As a FundedNext Futures trader, managing your risk is essential. Here’s how you can set and manage your stop loss and take profit in NinjaTrader to protect your trades.
How to modify entry and exit orders in Windows/Mac?
Pending orders in NinjaTrader may be modified by clicking to select the order and clicking once more at the new price point. This approach is more effective than drag and drop because it eliminates the potential errors made by accidentally letting go of your mouse button and dropping an order on the wrong price.
Left-click on the order you wish to modify.
Once selected, you will see the cursor change to a hand from an arrow; then choose the price for the order you are modifying and left-click to complete the modification process.
The left mouse button is used to modify the price of limit, stop-market, stop-limit, and MIT orders. You can cancel out of a price modification (remove the hand cursor) by pressing the ESC key.
You can also increase or decrease the price of an order by right-clicking the order, which will display all orders consolidated at that price. You can then select any individual order to increase.
How to modify stop loss and profit target orders?
Click with your left mouse button in the center column on the stop loss or profit target order you want to modify.
Once selected, you will see the cursor change to a hand from an arrow; then choose the price you are modifying the order to and left-click it to complete the modification process.
Note: If there are multiple orders consolidated at a price level, modifying the price will modify all orders at that price level.
How to use the Single-Click Order Modification?
You have the option of enabling Single Click Order Modification for ATM Stop Loss and Profit Target orders via the SuperDOM Properties dialog window, accessible by right-clicking the context menu. This is an advanced feature that can provide you with the clear advantage of efficiently modifying orders in fast-moving markets. If you are a scalper, then this option is for you.
Once enabled, to modify stop loss and profit target orders, click the center/PRICE column. Clicking in the PRICE column on the BID or above, when long, will adjust your profit target order prices; clicking below the BID will adjust stop loss order prices. Clicking the PRICE column on the ASK or below, when short, will adjust your profit target order prices; above the ASK will adjust your Stop Loss order prices.
Left Mouse Button - Modifies the closest stop loss or profit target order.
Middle Mouse Button- Modifies the second closest stop loss or profit target order.
Middle Mouse Button + CTRL Key - Modifies the third closest stop loss or profit target order.
Notes:
Single-click order modification for stops and targets is limited to only the first 3 nearest stops and targets
If you have more than one active strategy working in the market, single-click modification will be applied to the stops and targets associated with the selected strategy as indicated in the strategy control list (drop-down list) in the lower portion of the SuperDOM window.
This advanced mode DOES NOT provide single-click access to working orders (entry/exit) that reside in either the BUY or SELL columns.
How to use the Web Terminal for the ATM?
Get your chart open: Open your trading chart first. Turn on the ATM’s settings:
Check your platform for the Automated Trade Management (ATM) settings. To access the options, click the gear symbol next to it.
Develop a novel ATM approach: The plus sign (+) can be used to define a new ATM strategy. Name your strategy according to your preference (e.g., “SL-TP Strategy”).
Take profit level: Type in how much you want to make (for example, 40 Ticks).
Enter the amount you are willing to risk (e.g., 20 ticks) as the stop loss level.
Save Your Preferences: Once your levels are configured, click “Save” to let the changes take effect.
How to modify entry and exit orders in mobile phone?
Open the app and place a buy or sell order.
Enter stop loss & take profit values before confirming.
To modify, go to Open Positions, select the trade, and adjust levels.
Maximize your success by managing risk effectively with stop loss & take profit across all NinjaTrader platforms.