Automated Algorithmic StopLoss/Target Strategy following manual order entry?

[boreland]

Could someone please tell me if there is a way to create an algorithmic stoploss/target strategy (to enable an automated exit) that would be enabled following a manual order entry using chart trader. Many thanks.

[NinjaTrader_RyanO]

Hello,

Thank you for your post.

This would be possible if you use the Auto-Breakeven or Auto-Trail Custom Stop Strategies.

Please see the following links:
Auto-Breakeven:

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?AutoBreakeven

Auto-Trail:

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?AutoTrail

That way you can automate how the stop moves after manual order entry.

[boreland]

I have my own stoploss/target exit algorithm written as a strategy. I wish to "link" this to a manual order entry. Is there a way to have it running in the background as a strategy and have the algorithm (strategy) detect if there is an active position (which will have been iniated manually via chart trader)?

For example lets say I wished to use the parabolic SAR as a stoploss. How would I do this?

[NinjaTrader_RyanO]

Hello,

This may be possible but I would recommend that you post this question on the NinjaScript section of the forum because other users may have done this, and may have advice for how to accomplish it.