Reverse Position

[IISSG]

Hi,
Could someone assist me with using the strategy wizard to create a stoploss situation/criteris setting that will reverse a position. This is what i have so far, and hopefully someone can put me in the right direction.
1) In "Set 1" i have my long entry criteria settings followed by a Enter Long in the do the following section.
2) As i am trying to reverse a postion at the stop price i have put a name in the user defined variables called SL.
3) In "Set 2" i have then built the exit based on Position.MarketPosition == MarketPosition.Long do the following EnterShortStop("",SL,""). This is where i am getting stuck.
If someone could point out my error and put me in the right direction it would be appreciated.

[NinjaTrader_Bertrand]

IISSG, welcome to our forums! This is unfortunately not directly supported in the wizard, what you can do is reverse when your unrealized Pnl (Strategy category) is greater than your stop loss value.

http://www.ninjatrader-support.com/HelpGuideV6/ConditionBuilder-MarketPositionComparisons.html

[IISSG]

Hi Thanks for the feed back. If i do it that way and wait till the market is flat, i have the following questions.
1) If i am running two entry signals one for long and one for short, how and where do i fit the flat criteria in, or how will i get it to referance the correct entry? the strategy indicates that if i have a long position and it hits my stoploss i need to reverse it, and the other way around if the entry signal was short.
2) how will i limit it to only doing this once a day? One entry signal and then one stop/reverse signal.

I would prefer a reversal at stoploss, i have read the forum about this but cannot piece all the parts together. Do you have a sample coding for this, to set me in the right direction?

[NinjaTrader_Bertrand]

You could just reference the current market position from the strategy category to check whether the strategy is long / short / or flat.

You would need custom coding outside of the wizard to realize stopping the execution after 2 trades, here are samples dealing with similiar topics -

http://www.ninjatrader-support2.com/vb/showthread.php?t=4084

http://www.ninjatrader-support2.com/vb/showthread.php?t=4804

http://www.ninjatrader-support2.com/vb/showthread.php?t=19289