On Stop Loss

[nigeleyre]

I have a fixed stoploss set up in my variables, if that is hit I want to reverse the position.

Can this be done and if so what would be the syntax, I need something like

if (stopLoss == true) but no idea if this exists?

[NinjaTrader_JoshP]

Just create a double variable consisting of your stop loss value. When the price goes below the stop loss value then just submit your reversal order.

if (Close[0] <= stopLoss)
     EnterShort();

[nigeleyre]

Thanks, does this still work for stoplosses that I'm moving as the trade progesses as below?

// Once the price is greater than entry price +190 ticks, set stop loss to plus 150 pips
if (GetCurrentAsk() > Position.AvgPrice + 380 * TickSize)
{
SetStopLoss(CalculationMode.Ticks, Position.AvgPrice - 350);
HighStop = GetCurrentAsk();
//HighStop = 1;
}

[NinjaTrader_JoshP]

Sure thing. Please check out this reference sample also: http://www.ninjatrader-support.com/v...ead.php?t=3222

[nigeleyre]

Mny thanks Josh