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2 step trailing stop lose in ninja script

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    2 step trailing stop lose in ninja script

    Hi,

    Is there a way to do a 2 steps trailing stop lose using the ninja wizard?

    Just like the way I use in ATM.

    So first step is to bring to a point after a certain amount of tick, then move the stop to next price level after a certain amount of tick.

    #2
    I have not tried yet but you should be able to set unlimited number of stops/targets (provided you specify the "from EntrySignal" option, please consult the docs for details).

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      #3
      Ok thanks.

      Didnt thought about using that parameter to do this. I will try and see.

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        #4
        After reading the documents, there is a way to submit stop order and choose Signal Name, so it applies to that specific order.

        However is it going to work when there is already a stop order for that specific order, then change or modify the existing stop order?
        Or it will submit a second stop order or other ways?

        Thanks.

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          #5
          To your first post, just create a new condition that will trigger the next move of your stop and use the same "Exit long stop" for example, but send in a new price.
          RayNinjaTrader Customer Service

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            #6
            If I understand correctly, the new stop order condition set will submit a new stop, and cancel the previous stop for the same position. Since I put in the Signal Entry name to identify each order.

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              #7
              It will just ammend the original stop.
              RayNinjaTrader Customer Service

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