Stop adjusting

[MasterSepp]

Hi

I've got a problem with adjusting the stop. For example, when I enter a long position, I generate a stop at 5 ticks below (SetStopLoss(CalculationMode.Ticks, 5)). Now, when it didn't get touched during this bar, I want to adjust it to 5 points below the new open. The only possibility to do that would be with using the close of the old bar, but I don't want to do that because of gaps. So, is there any possibility to adjust the stop on each bar open 5 points below the bar's open?

Regards,

Sepp

[NinjaTrader_Austin]

Hi Sepp, please try:

SetStopLoss(CalculationMode.Price, Open[0] - 5 * TickSize);

[MasterSepp]

But I don't think that this will work in backtesting because therefore Open[0] is used as the open of the last bar...
So any possibility to get this in backtesting?

Regards,

Sepp

[NinjaTrader_Austin]

Sepp, Open[0] will always refer to the open of the current bar. Are you experiencing something else? You can add intrabar granularity to your backtests to help make it work.

[MasterSepp]

When I backtest it, Open[0] refers to the open of the last bar, not the one of the current bar. That's what I was asking. But it looks like I have to solve it with an intrabar solution. If you have other ideas, please let me know.

Regards,

Sepp

[MasterSepp]

Ok, it seems like it works now, when I'm using Open[-1]. Then it uses indeed the current open. This will be good enough for me I think.

Regards,

Sepp