AutotrailStop

[vast524]

Just wondering if there is some rule with the AutoTrailStop?
I have it running on a strat and was watching it on the dome. The Autotrail is set to 10ticksbehind. Often the price would move 3-5 ticks above the entry price, and yet the stop did not move. This was on the CL contract. It seemed quite jerky in its movement.
Regards

[NinjaTrader_JoshP]

Are you talking about NinjaScript or ATM?

[vast524]

Using Auto trail in a strategy script. Not refering to an ATM

[NinjaTrader_JoshP]

Please post the code snippet of what you are using.

[vast524]

protected override void Initialize()
{
SetTrailStop("", CalculationMode.Ticks, 10, false);

CalculateOnBarClose = true;
}

[NinjaTrader_JoshP]

You may experience "jerky" because you simply can't amend an order that fast. For every tick price moves up you will have the trailing stop move up to. If the market is moving a bunch it may take some time for the trailing stop to "catch up", but it will move up to the correct value.

[vast524]

Ok. Just seemed not as smooth as an ATM set to the same setting.
Regards

[vast524]

Also, I have never used strategies before. i noticed today, that if I started a strategy and the strategy deemed it was already in a trade it would enter straight away and often would not place a stop. Then the next trade would trigger and a stop would be placed. But I had an extra contract on the dome with no stop. Is there a method of starting a strategy so this does not happen? Or is it my programming?

protected override void Initialize()
{
SetTrailStop("", CalculationMode.Ticks, 10, false);

CalculateOnBarClose = true;
}

{
EnterLong(DefaultQuantity, "");
}

[NinjaTrader_JoshP]

In Tools->Options->Strategies->NinjaScript select "Wait until flat".

[vast524]

Thank you.
regards

[vast524]

Is there a way that a combined value of losses causes the strategy to stop working? I am aware of the overall PNL and consecutive losers. But canit be made that if $300 is lost the strategy is stopped. This would enable a profitable day to stay profitable. Rather than allowing it to go to a negative loss.

[NinjaTrader_Bertrand]

Yes, you can work closely this sample here for this - http://www.ninjatrader-support2.com/...ead.php?t=4084

As an idea you would need to store the highest daily profit achieved and then stop the strategy once 300$ is lost from this value.

[vast524]

Thank you for your help