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Adjusting Scalping Amount
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Adjusting Scalping Amount
I was wondering if there would be any way to adjust my scalping amount depending upon how much slippage I suffer from. My Strategy updates using limit orders. What I would like to do is set the scalp amount a certain distance away from the price that initially received the entry signal.Tags: None
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I understand that. An example would be that my strategy gets it's entry signal at 1.00. Yet due to slippage I do not get a position at 1.00 rather 1.05. Now if my scalp amount is set to 10 cents, is there a way to reduce my scalp by the amount of slippage I had. I.E. .05
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Then yes, that is definitely possible. You just have to call SetProfitTarget() with the appropriate arguments.AustinNinjaTrader Customer Service
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