How to set a dinamic stop loss based on percent

October 20th, 2013, 06:01 AM

Astrogirl

Now I'm trying to use a trailing stop instead a stop loss. I am using this code:

else if (Position.MarketPosition == MarketPosition.Long && Median[0] == targetstep1)

{
SetTrailStop("", CalculationMode.Price, trailing1, false);
}

instead of:

{
SetStopLoss("", CalculationMode.Price, trailing1, false);
}

("targetstep1" is a determineted target price level and "trailin1" is an integer variable of a stop price)

It doesn't work... what's wrong with me?!

My assumption is that a trailing stop is not compatible with the stop loss already present in the strategy.

October 20th, 2013, 09:22 AM

@Astrogirl
Again refer to NT help guide and you will see that:

Quoting

Note: CalculationMode.Price is irrelevant for trail stops

Here is the direct link to this info:
NinjaTrader Version 7

How to set a dinamic stop loss based on percent

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How to set a dinamic stop loss based on percent