how to set ATR as stop loss?

[NinjaTrader_ZacharyG]

Hello Dolfan,

Thank you for writing in.

What steps have you already taken in debugging your code? http://ninjatrader.com/support/forum...58&postcount=1

What are your expected results? What are you seeing when debugging? What is the particular code you are using that is producing the unexpected result?

[Dolfan]

I have managed to remove all of the errors in the compile process but I still have a strategy that enters no short positions and fails to hit any stops where I would like. The intention is for the ATR to be measured at every bar close and the stop to move ((ATR * 2) ticks) from that close. In a long position it would be (close price - (ATR*2)) = new stop. For a long position it would be (close price + (ATR*2)) = new stop. Why is it not reading my stops? The syntax is included below for you reference. Thanks for your assistance.

Best regards,

Dolfan

protected override void Initialize()
{
Add(HMA(8));
Add(SMA(30));
Add(ATR(14));
Add(HMA(8));
Add(SMA(30));
Add(ATR(14));
Add(ATR(10));
SetStopLoss("", CalculationMode.Price, Variable0, false);

EntriesPerDirection = 5;
EntryHandling = EntryHandling.AllEntries;

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if ((CrossAbove(HMA(8), EMA(30), 1))
&& ATR(14)[0] > .112);
{
EnterLong(1, "");
Variable0 = CurrentBar - 2* ATR(10)[0];
}

// Condition set 2
if ((CrossBelow(HMA(8), EMA(30), 1))
&& ATR(14)[0] > .112);
{
EnterShort(1, "");
Variable0 = CurrentBar + 2*ATR(10)[0];
}

// Condition set 3
if (Position.MarketPosition == MarketPosition.Long
&& CrossAbove(Close, Position.AvgPrice + 25 * TickSize, 1))
{
EnterLong(1, "");
Variable0 = CurrentBar - 2* ATR(10)[0];
}

// Condition set 4
if (Position.MarketPosition == MarketPosition.Short
&& CrossBelow(Close, Position.AvgPrice - 25 * TickSize, 1))
{
EnterShort(1, "");
Variable0 = CurrentBar + 2*ATR(10)[0];
}

[NinjaTrader_ZacharyG]

Hello Dolfan,

If you wish to refer to the current close price, you will want to be using Close[0]. CurrentBar, which is what you are using in your code, is going to return the index value of the current bar.

For more information about Close, please take a look at this help guide link: https://ninjatrader.com/support/help...nt7/?close.htm

For more information about CurrentBar, please take a look at this help guide link: https://ninjatrader.com/support/help...currentbar.htm

Additionally, the stop will not dynamically move if you have only set it in the Initialize() method. If you wish for the stop to move to a new value, you will need to call it in OnBarUpdate().

Please take a look at the help guide link for SetStopLoss() for more information about using this method call: https://ninjatrader.com/support/help...etstoploss.htm

Additionally, we have a reference sample on our support forum for modifying the price of stop loss and profit target orders: http://ninjatrader.com/support/forum...ead.php?t=3222