2 Entrys with different exit criteria.

December 27th, 2021, 01:35 PM

Hello,

I am trying to write a strategy combining RSI and VWAP crossover. I want to have two entries in a given direction. Both will have StopLoss, but only one will have a ProfitTarget. Can someone help me what changes that need to be made to achieve it ?

I can setup 2 Entries in each direction. But How do I close only one out ?

Anyhelp will be appreciated ?

Thanks in advance

January 2nd, 2022, 11:43 PM

Greenbacks

Hello,

I am trying to write a strategy combining RSI and VWAP crossover. I want to have two entries in a given direction. Both will have StopLoss, but only one will have a ProfitTarget. Can someone help me what changes that need to be made to achieve it ?

I can setup 2 Entries in each direction. But How do I close only one out ?

Anyhelp will be appreciated ?

Thanks in advance

Hi, Greenbacks.

The way to do this is have two entries with unique names and set your target's "From Entry Signal" to the name of the entry you want to close out when the target is reached. The other entry name will be ignored and can run freely.

Here's the relevant help guide page:

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?setprofittarget.htm

January 3rd, 2022, 11:01 AM

Hello David,

Thank you ! I implemented that and now it works. I am currently testing it in Sim account. Will keep you posted.

Thanks,

Rajesh

2 Entrys with different exit criteria.

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2 Entrys with different exit criteria.