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Profit and Stop Loss targets

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    Profit and Stop Loss targets

    I created a strategy and run it against the daily time frame of a stock using Kinetick historical data. I have the following code in my strategy:

    SetProfitTarget("", CalculationMode.Percent, ProfitTargetPct);
    SetStopLoss("", CalculationMode.Percent, StopLossPct, false);

    I set the profit target at 10.00 and Stop Loss at 8.00. I am trading 100 shares of GME in this backtest.

    I see a cancelled limit order for Profit Target of 72.22. I see no order for the stop loss.

    GME Sell Limit 100 72.22 0 Cancelled 0 0 100 Profit target

    The entry was placed as I expected.

    Can someone tell me what I did wrong.

    Thanks,
    Dana

    #2
    Ok, I figured it out. The analyzer takes .08 as 8%.

    Dana

    Comment


      #3
      Hello Dana,

      Thank you for your post and update.

      Yes, percentage in NinjaTrader is from 0 - 1 in number form.

      Let me know if I can be of further assistance.
      Cal H.NinjaTrader Customer Service

      Comment

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