Breakeven Stop

[[email protected]]

This method is not working in 6.5.
Trying to use with Forex.


SetStopLoss(CalculationMode.Ticks, stoplossticks);

[NinjaTrader_Dierk]

This is an acknowledged bug. It will be resolved with next update. Thanks for reporting though.

[[email protected]]

Breakeven Stop

Just want to confirm, not working in Futures strategy either.

[NinjaTrader_Dierk]

Right, this is true for any instrument types

[[email protected]]

Breakeven Stop

This feature is still not working in Version 6.5.3.
Jm

[NinjaTrader_Dierk]

Please be specific.

[[email protected]]

Breakeven Stop

Upon entering a Forex position, not showing original stop loss, and not adjusting to breakeven once 15 pips have been obtained.


Original stoplossticks set at 50.
// Resets the stop loss to the original value when all positions are closed
if (Position.MarketPosition == MarketPosition.Flat)
{
SetStopLoss(CalculationMode.Ticks, stoplossticks);
}

// If a long position is open, allow for stop loss modification to breakeven
elseif (Position.MarketPosition == MarketPosition.Long)
{
// Once the price is greater than entry price+15 ticks, set stop loss to breakeven
if (Close[0] > Position.AvgPrice + 15 * TickSize)
{
SetStopLoss(CalculationMode.Price, Position.AvgPrice);
}
}
elseif (Position.MarketPosition == MarketPosition.Short)
{
// Once the price is greater than entry price+15 ticks, set stop loss to breakeven
if (Close[0] < Position.AvgPrice + -15 * TickSize)
{
SetStopLoss(CalculationMode.Price, Position.AvgPrice);
}

[NinjaTrader_JoshP]

[email protected],

The code you posted works fine on my end. Please test the attached sample and see if it still doesn't work for you on the Simulated Data Feed. Pull the feed to an uptrend and then watch the orders on the Control Center. After you enter long you will see that a stop loss order is also submitted for 50 ticks below entry price. After your 15 ticks over entry price is obtained you will notice the original stop loss is no longer 50 ticks below but actually breakeven.

To import go to File->Utilities->Import NinjaScript

[wallsteetking]

I have similar quastion

How can I tell Ninjatrader when it moves up by 12 ticks that it should breakeven with/ +2 ticks so that I can at least pay off commission's.

[NinjaTrader_Bertrand]

You would use the Position.AvgPrice here + 2 * TickSize as new stop price then in your SetStopLoss call.