Dynamic Stop Loss

[wallsteetking]

Hi i am writing a code in nijatrader when I setup the stop loss I can only have a fixed stop loss price for example 10 ticks. However, what I want my stop loss to be is 2 candles prior low. instead of a fixed stop loss.

for example. Ninjatrade enters a Long trade the stop loss should be 2 candles prior low. this way the stop loss can be 5 ticks or 15 ticks. it always changing.

Does anyone know how to write that kind of stop loss code in ninjatrader . thank you for your time

[Trader.Jon]

Hi,

Try the last listing on the resources page:

http://www.ninjatrader.com/support/forum/forumdisplay.php?f=30

TJ

[NinjaTrader_Austin]

wallstreetking, after reviewing the last listing on the reference sample page (Modifying the price of stop loss and profit target orders), please let us know if you have any other questions.

[wallsteetking]

No that is not what looking for

I would like to check the historic success rate to see if the strategy is profitable. the one that trader jon showed me is only for real time.

[NinjaTrader_Austin]

wallstreetking, I'm not sure where you saw its real-time only, but the strategy is entirely backtestable. I just double checked the code to be sure and there is nothing in there that skips over historical data.