Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Stop loss / Profit targets

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Stop loss / Profit targets

    I am gradually becoming accustomed to the whole strategy building thing and love it. At the moment I am still using the wizard. I dont want a simple profit target and stop loss, what I want is to have a basic stop until price moves in my direction. Then I want to close my position when certain paramentres come into play, eg changing CCI over the last (x) bars while price moves in opposite direction. I cant seem to find the capability to do this. At the moment I have 2 sets of conditions one for short and one for long. I was hoping there might be a way of utilizing another 2 sets that will begin wit the condition that ( IF in a long position) Then exit or close IF...
    IS there something like that I could do. Perhaps even trailing swings - where if price breaches a swing high or low- the order is closed.
    Hope this makes sense.
    Thanks
    Raycam

    #2
    Hi raycam, you could for example check for the MarketPosition in your next Set of conditions with Position.MarketPosition == MarketPosition.Long (found under 'Strategy'), then add another custom condition for the exit there and then place your ExitLongStop order in the 'Do the following' field.

    Comment


      #3
      Thanks- I will give it a go.
      Raycam

      Comment

      Latest Posts

      Collapse

      Topics Statistics Last Post
      Started by CarlTrading, 03-31-2026, 09:41 PM
      1 response
      31 views
      0 likes
      Last Post NinjaTrader_ChelseaB  
      Started by CarlTrading, Yesterday, 02:41 AM
      0 responses
      14 views
      0 likes
      Last Post CarlTrading  
      Started by CaptainJack, 03-31-2026, 11:44 PM
      0 responses
      22 views
      1 like
      Last Post CaptainJack  
      Started by CarlTrading, 03-30-2026, 11:51 AM
      0 responses
      40 views
      0 likes
      Last Post CarlTrading  
      Started by CarlTrading, 03-30-2026, 11:48 AM
      0 responses
      34 views
      0 likes
      Last Post CarlTrading  
      Working...
      X