How to chart a stop-loss when in position

[sburtt]

Hi All,

I was wondering if there is a way to plot a traling stoploss on my chart once the following strategy is in position (long):

 
if (Position.MarketPosition == MarketPosition.Flat )
{
  SetTrailStop("Trailing Stop", CalculationMode.Ticks, 0.01 * ATR(10)[0]);
  EnterLong()
}

I thought about using DrawLine, but I am not sure this makes sense. Any suggestions? Basically I want to see the trailing stop on my chart ONLY when I have an open position

[NinjaTrader_Bertrand]

sburtt, yes you could capture the stop loss / trail stop amendments in the OnOrderUpdate() and then use the stopprice for example in a drawing method as value to visualize -

http://www.ninjatrader.com/support/forum/showthread.php?t=5790

[sburtt]

sburtt, yes you could capture the stop loss / trail stop amendments in the OnOrderUpdate() and then use the stopprice for example in a drawing method as value to visualize -

http://www.ninjatrader.com/support/f...ead.php?t=5790

I will try this later today, I was hoping in something more simple like adding a condition like this:

 
if (Position.MarketPosition == MarketPosition.Long)
{
  Print(Trailing Stop + ";")
  }

would this code work or doesn't it make sense?
Forgive me

[NinjaTrader_Bertrand]

No worries - this would unfortunately not be sufficient here. As you would need an object / variable first that would track the trail stop current price, so you could then access, print or visualize it in the next step. The Set() methods are convenient to work with, but would not expose such detailed info per default - hence the technique from the reference I posted would be needed to bridge this gap.

[koganam]

I will try this later today, I was hoping in something more simple like adding a condition like this:

 
if (Position.MarketPosition == MarketPosition.Long)
{
  Print(Trailing Stop + ";")
  }

would this code work or doesn't it make sense?
Forgive me

You know the TrailingStop price. Just track it however you will.

 
TStopPrice = Math.Max(TStopPrice, (Close[0] - TrailStopTicks * TickSize));