stoploss and swinghigh/low indicator

[Blackburn]

Hallo,

in my strategy I am looking for a possibility to automatic change the stoploss on the last swinghigh or low. Do you have a code snippet für me?

My trail:

#region Variables

private IOrder _long_order = null;
private bool _long_sent = false;

private IOrder _short_order = null;
private bool _short_sent = false;

double swinghigh_value = 0;
double swinglow_value = 0;

protected override void OnBarUpdate()
{
// Condition set 1 (LONG)
if (ToTime(Time[0]) >= 80000 && ToTime(Time[0]) <= 220000
&& 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])
{
_long_order=EnterLong(DefaultQuantity, "Long");
}

// set swinglow_value:
swinglow_value = Swing(5).SwingLow[0];

// set the stop loss to swinglow_value:
SetStopLoss("Long", CalculationMode.Ticks, swinglow_value, false);


But nothing change ... Where is the error?

Thanks Blackburn

[NinjaTrader_Matthew]

Hello,

Thank you for your post.

Do you see the Stop Loss set originally? What value is it set at? Or do you not see the stop placed at all?

Please try running TraceOrders = true and run the strategy and check for any errors when setting this stop loss:

http://www.ninjatrader.com/support/forum/showthread.php?t=3627

[Blackburn]

Hallo Matthew,

many thanks for the quick response.
Is the code correct? Or Do you have an other suggestion?

Blackburn

[NinjaTrader_Matthew]

Blackburn,

From what I can tell, the code is correct - can you expand on how it is not behaving as you expect?

Did you run trace orders? What was the output after running the strategy?

[koganam]

swinglow_value = Swing(5).SwingLow[0]; is a price, so you should use CalculationMode.Price for your SetStopLoss().

[Blackburn]

Thanks Koganam,

that works :-)

[NinjaTrader_Austin]

koganam, infinite thanks for all your help.