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Trailing Stop with a fixed 20 tick stop

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    Trailing Stop with a fixed 20 tick stop

    Newbie question...

    I am long 1 contract with a stop loss of say 20ticks.
    How do I code the trailing stop to move my Stop UP each time the price moves 20ticks in profit....
    Remember not on each tick but only once there is 20 tickss in profit...so it like moves in steps?

    #2
    When you receive 20 ticks in profit, call your stop loss again at your new desired stop price. It will modify the order and raise it up.
    Josh P.NinjaTrader Customer Service

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      #3
      Thanks Josh,

      But could you show me some NT code on how to do this?
      I understand the concept but a snippet of code is the solution.


      Appreciated.

      Comment


        #4
        Godzilla,

        Please see this reference sample for modifying stop losses: http://www.ninjatrader-support2.com/...ead.php?t=3222
        Josh P.NinjaTrader Customer Service

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