basic stop loss question

[james377]

how do I add a stop loss to my code below, that will place a stoploss 10 ticks below my long entry price? I want a 10 tick profit target which works and I want a 10 tick stop loss below my entry price? help please!

EnterLong(DefaultQuantity, "");
profitfactor = 2;
EntryPrice = Position.AvgPrice;
Print(EntryPrice);
SetProfitTarget(CalculationMode.Ticks, 10);

[NinjaTrader_Bertrand]

James, you can work with SetStopLoss() in the Initialize() if you want a static 10 tick stop - http://www.ninjatrader-support.com/H...tStopLoss.html

[james377]

I was after the code to be honest, not an example sorry do you have the line of code?

[NinjaTrader_Bertrand]

Just add SetStopLoss(CalculationMode.Ticks, 10) in the Initialize() of your strategy.

[james377]

how do I make a stop loss that will stop when

market entry price - profitfactor * ATR(22)[0];

the code is below,

EnterLong(DefaultQuantity, "");
profitfactor = 2;
EntryPrice = Position.AvgPrice;
Print(EntryPrice);
SetProfitTarget(CalculationMode.Ticks, 10);

[NinjaTrader_Brett]

Hello,

One way to do this is to change the StopLoss in OnBarUpdate then instead of just changing it to 10 ticks you would change it to the value you have calculated you want the stop to be at and then put this in manually to SetStopLoss(CalculationMode.Price, Price you want stop at);