Exiting position on first down tick

[ericnyc1003]

I'm new to programming in Ninjascript, and I'm trying to implement a strategy that involves exiting the position on the first tick that moves against me. Does anyone know how to test for this condition?

I've found OnBarUpdate, but it seems to test for bars rather than ticks. The help facility says, "This is the method where all of your strategy or indicator core calculation logic should be contained," so I think this is what I need.

Do I need to turn off "evaluate on bar close" so I can isolate a single tick?

Perhaps I need to use a training stop for this?

Thanks.

Eric

[NinjaTrader_Ben]

Hello,

Set CalculateOnBarClose to false and see if that helps:

http://www.ninjatrader-support.com/HelpGuideV6/CalculateOnBarClose1.html