Adjust Trailing Stop

[Thalamus]

With an automated strategy, is it possible to move up or reset a trailing stop as your profits increase? Initially I set mine with a large gap between entry and the stop, but as you get closer to the close I would like to tighten the trailing stop.

I use the SetTrailStop in the "Initialize" section, which attaches the stop to new orders--is there a better method to do this so it can be changed real-time?

Thanks, Dave

[NinjaTrader_JoshP]

Dave,

You will have to manually program the logic and move your trailing stop on your manual order.