It occurs to me that people may not be familair with NT or too cognizant of its capabilities. Here's a link to the automated profit target setting that I referenced in my post: NinjaTrader - Advanced Trade Management
Not exactly. I did a much more comprehensive analysis on 1500 stocks with time exits and with a simple filter was able to mechanically net a profit on exits of from 1 to 12 bars so I have no doubt an experienced trader could do much better. It's not the Holy Grail but it is a simple method a beginning trader could use to learn price action and trade with the trend. Plus it doesn't require thousands of pages of rules, color printers delivered overnight, 3-ring binders, koolaid or a guru.