Setting TrailingStop for index-strategy

[Blackburn]

Hallo,

this is a piece of my code i´m using in my strategy (LONG):

if (WMA(Weighted, 20)[0] > WMA(Weighted, 50)[0]
&& Low[0] > WMA(Weighted, 20)[0]
&& WMA(Weighted, 20)[0] > WMA(Weighted, 20)[4]
&& Close[0] > Swing(5).SwingHigh[0])
{
EnterLong(DefaultQuantity, "Long");
BarColor = Color.CornflowerBlue;
CandleOutlineColor = Color.CornflowerBlue;
BackColor = Color.MidnightBlue;

I´m trading DAX-, Dow Jones- and Bund - Future.

My question is:

How can i set the the trailingstop correctly?
My favourite trailing stop ist the last swing point (Swing.Low or .High like in the code above)
LONG : ever when the next swing.low ist passed - this ist the next SL.
SHORT vice versa.

Thanks for your help
Blackburn

[NinjaTrader_RyanM1]

Hi Blackbun,

If you want to set stop loss at a specific value, then use CalculationMode.Price, like
SetStopLoss(CalculationMode.Price, yourValue);

I would be sure to Print() the value of swing you plan on putting in, so you know what to expect.

http://www.ninjatrader.com/support/helpGuides/nt7/setstoploss.htm