Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Profit and Stop Loss targets

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    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

      Latest Posts

      Collapse

      Topics Statistics Last Post
      Started by llanqui, Today, 10:32 AM
      0 responses
      1 view
      0 likes
      Last Post llanqui
      by llanqui
       
      Started by StockTrader88, 03-06-2021, 08:58 AM
      45 responses
      3,992 views
      3 likes
      Last Post johntraderuser2  
      Started by TAJTrades, Today, 09:46 AM
      0 responses
      7 views
      0 likes
      Last Post TAJTrades  
      Started by rhyminkevin, Yesterday, 04:58 PM
      5 responses
      62 views
      0 likes
      Last Post dp8282
      by dp8282
       
      Started by realblubb, Today, 09:28 AM
      0 responses
      8 views
      0 likes
      Last Post realblubb  
      Working...
      X