Simple Math

[titleistbb22]

Hello all - I'm struggling with simple math formulas in building my strategy. What I am attempting to do is build a stop and a trailing stop using the Average True Range (ATR) as an indicator.

Here is what I want to say with my stop, if the unrealized P&L has fallen 5 ATRs (20 period ATR). Close trade

On the trailing stop, every time the P&L moves 5 ATRs in profit place enter a trailing stop 2 ATRs from the high of that day.

What I am stuck on is how to properly say 5 * ATR (20), code written this way doesn't produce any results.

Any thoughts? thank you

[roonius]

Hello all - I'm struggling with simple math formulas in building my strategy. What I am attempting to do is build a stop and a trailing stop using the Average True Range (ATR) as an indicator.

Here is what I want to say with my stop, if the unrealized P&L has fallen 5 ATRs (20 period ATR). Close trade

On the trailing stop, every time the P&L moves 5 ATRs in profit place enter a trailing stop 2 ATRs from the high of that day.

What I am stuck on is how to properly say 5 * ATR (20), code written this way doesn't produce any results.

Any thoughts? thank you

Proper way would be:

5 * ATR(20)[0]

[titleistbb22]

Thanks for the response - Im aware of the need to add [0] representing the bars back. I need to play around with this a bit more and re-phrase my question. thx

[NinjaTrader_Bertrand]

Please post the code you use if possible so we can take a look, a basic sample how to move stop and target prices can be found here - http://www.ninjatrader-support2.com/...ead.php?t=3222