Trailing Stop

[NinjaTrader_JoshP]

Tony,

Depends on who you are connected to. Please see this article: http://www.ninjatrader-support2.com/...ead.php?t=5349

[tonynt]

TrailStop

thank you for your email. I´ll work with Mirus (Zen-Fire). Is a trailstop in a strategy an "accepted" or "working" order? And is the trailstop in its new position after being changed an "accepted" or "working" order (and because of this on the exchange)? If so, then the last trailstop becomes a "normal" stoploss in its position of the last change before broken internetconnection?

Think we got it then.

Thank you.
Tony

[NinjaTrader_JoshP]

Stops will be Accepted. If you lose connectivity it will usually become a regular stop.

[tonynt]

TrailStop

Josh,

thank you! NinjaTrader is a great software. And your support is great!

Thank you again.
Tony

[tonynt]

Stoploss

Hi Josh, Bertrand and everyone

thank you for your sending the link for "SamplePriceModification". Referring to this sample I tried to push forward stoploss each time the price has risen 10 ticks - it doesn´t work. THANK YOU!

protected override void Initialize()
{
SetStopLoss("", CalculationMode.Ticks, 10, true);
CalculateOnBarClose = false;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{

if (Position.MarketPosition == MarketPosition.Flat)
{
SetStopLoss(CalculationMode.Ticks, 10);
}

else if (Position.MarketPosition == MarketPosition.Long)
{

if (Close[0] > Position.AvgPrice + 9 * TickSize)
{
SetStopLoss(CalculationMode.Ticks, -9);
}
}
else if (Position.MarketPosition == MarketPosition.Short)
{

if (Close[0] < Position.AvgPrice - 9 * TickSize)
{
SetStopLoss(CalculationMode.Ticks, -9);
}
}

else if (Position.MarketPosition == MarketPosition.Long)
{

if (Close[0] > Position.AvgPrice + 19 * TickSize)
{
SetStopLoss(CalculationMode.Ticks, -19);
}
}
else if (Position.MarketPosition == MarketPosition.Short)
{
if (Close[0] < Position.AvgPrice - 19 * TickSize)
{
SetStopLoss(CalculationMode.Ticks, -19);

}

[tonynt]

Stoploss

Hi Josh, Bertrand, Jason, Ray....

now I see my posted reply and it seems strange. To avoid misunderstanding I want to add that my "THANK YOU" is not the answer as my strategy doesn´t work with your sample, I said "Thank you" in advance for your answer and help to the code I´ve sent to you. NinjaTrader has the best support!

[NinjaTrader_Ben]

Hello,

This link may help:

http://www.ninjatrader-support2.com/vb/showthread.php?t=5790

Also, I think the "-9" should be "9", no negative sign.

[tonynt]

SetStopLoss

Hello,

I try to change StopLoss referring to the change of price but it doesn´t work and I can´t find the error. Referring to the "SamplePriceModification" my 8 ticks in the stoploss refer to the entryprice or to the new price when stoploss has been changed? Otherwise - as the stoploss is at a higher value (Entry-Price + 16 - 8 = -8) if it refers to the origin entryprice it must be written negative (-8)? (I´ve seen the certain information in the help guide but this doesn´t explain how to change one stoploss for another (or I can´t understand)
Thank you.

protectedoverridevoid Initialize()
{


SetStopLoss("", CalculationMode.Ticks, 10, true);

CalculateOnBarClose = true;


}
protectedoverridevoid OnBarUpdate()
{
if (Position.MarketPosition == MarketPosition.Flat)
{
SetStopLoss(CalculationMode.Ticks, 10);
}

elseif (Position.MarketPosition == MarketPosition.Long)
{
if (Close[0] > Position.AvgPrice + 16 * TickSize)
{
SetStopLoss(CalculationMode.Ticks,8);
}
}
elseif (Position.MarketPosition == MarketPosition.Short)
{
if (Close[0] < Position.AvgPrice - 16 * TickSize)
{
SetStopLoss(CalculationMode.Ticks,8);
}
}

[NinjaTrader_JoshP]

tonynt,

When you call SetStopLoss(), any tick value you pass in is always based off of your original entry price for the position. If you are trying to move it up a few ticks you would simply decrease the ticks you submit the new stop loss at.

Say originally you submit a 10 tick stop loss, after x ticks in profit, you can then resubmit the stop loss at 8 ticks to raise it by 2.

[tonynt]

SetStopLoss

Hello Josh,

thank you for your information - this is theoretically 100% clear. But as I wanted to show in my code: how to bring the stoploss ABOVE the entry price? In the code StopLoss starts with 10, then the price rises 16 ticks and I want to set the StopLoss 8 ticks below this price (= 8 ticks above entry price). This doesn´t work.

Thank you and best regards.
Tony

[NinjaTrader_Bertrand]

Tony, please try this then -

 
if (Close[0] > Position.AvgPrice + 16 * TickSize)
SetStopLoss(CalculationMode.Price, Position.AvgPrice + 8 * TickSize);