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Scale out?

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    Scale out?

    Relatively new to strategy programming, so maybe this one is simple:

    I am working on a strategy that currently uses a trailing stop on the full position. What I would like to do is scale out of the position, leaving a runner with a trailing stop.

    For example:

    Enter with full position size
    Scale out 1/3 at +X ticks
    Scale out 1/3 at +Y ticks
    Leave 1/3 on as runner with trailing stop of Z ticks

    Any hints?

    Edit:

    I think I have found my answer in this post:

    Last edited by Pepperdog; 11-29-2008, 08:53 AM.

    #2
    Glad you found the information Pepperdog. Remember, to scale out you need to scale in first. In case you did not find the reference sample mentioned in that thread it is here: http://www.ninjatrader-support2.com/...ead.php?t=3751
    Josh P.NinjaTrader Customer Service

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