NQ - MNQ / YM - MYM / RTY - M2K 10 ticks – SL20 - TP 10-----
ES - MES / CL 8 ticks SL16 - TP 8
GC / 6’s (6A, 6B, 6E etc.) 6 ticks SL12 - TP 6
Your SL and TP need to be adjusted to match the tick size.
TP is tick size, SL is double the tick size
All other rules stay in place
You can easily make different ATM’s for different tick size markets
4 Likes
NQ - MNQ / YM - MYM / RTY - M2K 10 ticks – SL20 - TP 10-----
ES - MES / CL 8 ticks SL16 - TP 8
GC / 6’s (6A, 6B, 6E etc.) 6 ticks SL12 - TP 6
Your SL is bar size times 2 plus 1 and TP is barsize minus 1.
For example ES 8 tick bars, SL 8*2+1=17, TP 8-1=7
You can easily make different ATM’s for different tick size markets
on MNQ please change the ZOI settings from 3 to 4 (right click chart - indicators - Order Prints - Zone of interest which is section 25, then change the minimum level to 4)
on ES please change the block order settings to 250 (right click chart - indicators - Order Prints - Block orders which is section 9, then change the block size to 250)
2 Likes
If using the atm with automation add 1 tick to the stop and subtract 1 tick from the Take Profit.
1 Like