Strategy Wizard Question

[RSTLNE]

I'm sure this has to be simple to do, but I cant figure it out.

I'm using the strategy wizard. I want to create a stop loss that is equal to the previous bar low plus 2 ticks.

I can create the stop loss equal to the previous bar by setting
Variable0=Low(1)
and then in the stop loss section setting the calculation mode to price and then Variable0.

Can I easily do previous bar low + 2 ticks in the wizard?

[NinjaTrader_JoshP]

Sure you can. For your Variable0 set it to Low[1] and then offset it with the offset parameters. Offset it by 2.

[RSTLNE]

Ah!

Thanks for the help!

[Red Fish]

Stop loss calculations

Hey, I am trying to do a calculation for the stop loss which will be different on long entries and different on short entries

For long entries it will be one pip below the lowest of the last 6 candle
For short entries it will be one pip below the highest of the last 6 candle highs.

I just can't figure it out! Can anyone help?

[NinjaTrader_JoshP]

Hi Red Fish,

You will need entry signal names that are different for your long entries and your short entries. Then you can go to the stop loss place and input in that entry signal. That way the signals will be associated with the appropriate entries.