Parabolic Profit Target

[ckaiser1985]

I've been looking for one but can't find one. If anyone could point one out I'd be grateful. Basically want the price target to move towards the price as the price moves towards the stop loss in the same manner that a parabolic stop moves towards the price as the price moves towards the target. I'm looking to add it to the strat builder under the stops and targets to integrate it into a strat I've been working on.

[NinjaTrader_ChelseaB]

Hello ckaiser1985,

Welcome to the NinjaTrader forums!

I'm not aware of an existing strategy but you could create this.

https://ninjatrader.com/support/helpGuides/nt8/parabolic_sar.htm

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040

This thread will remain open for any community members that know of a script that has already been written.

[hedgeplay]

.. Basically want the price target to move towards the price as the price moves towards the stop loss in the same manner that a parabolic stop moves towards the price as the price moves towards the target.

I recommend you ask Chelsea for a link to his latest version of his cool "Profit Chase" strategy examples.

HedgePlay

[NinjaTrader_ChelseaB]

Hello HedgePlay,

Link for ProfitChaseStopTrailExitOrdersExample_NT8, as that may be helpful.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/platform-technical-support-aa/97419-priceos-cs-expecting?p=802269#post802269

[hedgeplay]

Thanks Chelsea!