Implementing Trailing stop

[dgutz15]

Hello,

I am trying to implement a trailing stop loss into my strategy but it has not been working. I have been using the stops menu to add these. Am I doing something wrong?

Please advise.

[NinjaTrader_BrandonH]

Hello dgutz15,

Thanks for your note.

The SetStopLoss() method and SetTrailStop() method cannot be used in the same script unless each stop references different signal names.

From the SetTrailStop() help guide page: "The SetTrailStop() method can NOT be used concurrently with the SetStopLoss() or SetParabolicStop() method for the same position, if any of methods are called for the same position (fromEntrySignal) the SetStopLoss() will always take precedence. You can however, use all three methods in the same strategy if they reference different signal names."

If you would like to use SetTrailStop() to create a trailing stop in your strategy, you would need to remove the SetStopLoss() method and only use the SetTrailStop() method. Or, you would need to specify separate signal names when calling your methods so that the stop is tied to a specific entry order that has that same signal name.

See this help guide page for moire information about SetTrailStop(): https://ninjatrader.com/support/help...ttrailstop.htm

Let me know if I may assist further.