Setting Trailing Stop

[beezerlm]

Hi,
Created a simple moving average strategy and I cannot seem to get the trailing stop to work when a backtest. When I enterlong I used a signal name "long" and when I enter short I use signal name short. When I set a trailing stop of $.02 I referance the signal names and set simulated to "true". Am I missing something?

[NinjaTrader_RJ]

Hello,

Thank you for your post.

What mode are you using for your trailing stop? If you have it set to price, it enters your stop literally at the price of $.02. That is why it never triggers.

Try using mode ticks/percent instead. For percent .01 = 1%.

[beezerlm]

Thanks
I was using price for the trailing stop. I changed it to percent with a value of .20 and I get the same results?

Any thoughts?

[NinjaTrader_RJ]

Thanks
I was using price for the trailing stop. I changed it to percent with a value of .20 and I get the same results?

Any thoughts?

A value of .20 is equivalent to a 20% stop. If you want 2%, use .02.

This is likely the issue.

[beezerlm]

Thank you. That was it.

when it asked for a percentage I thought it meant 1 would = 1% instead of 100%

Thanks Again!