Profit Target/Stop Loss

[kaoz85]

Hi there, I'm a new user of NinjaTrader and I must say I am very impressed with the features, especially the ease of use for the Strategy wizard. I have just created my first strategy for testing but I have encountered a problem with the Profit Target/Stop Loss mechanism. I have set the Profit Target and Stop Loss to 5 ticks in the code but upon running the Strategy, the backtester does not close the position even if I am up or down by more than 5 ticks.

I have inserted a screenshot to illustrate the problem.


Below is the code for the initialize method:

protected override void Initialize()
{
Add(Bollinger(BB_std_dev, BB_periods));
Add(Bollinger(BB_std_dev, BB_periods));
Add(Bollinger(BB_std_dev, BB_periods));
Add(Bollinger(BB_std_dev, BB_periods));
Add(RSI(Close, RSI_periods, 0));
Add(Bollinger(BB_std_dev, BB_periods));
Add(Bollinger(BB_std_dev, BB_periods));
Add(Bollinger(BB_std_dev, BB_periods));
Add(Bollinger(BB_std_dev, BB_periods));
SetProfitTarget("Short Signal", CalculationMode.Ticks, 5);
SetStopLoss("Short Signal", CalculationMode.Ticks, 5, false);
SetProfitTarget("Long Signal", CalculationMode.Ticks, 5);
SetStopLoss("Long Signal", CalculationMode.Ticks, 5, false);

CalculateOnBarClose = false;
}

Any ideas why this is happening?

[NinjaTrader_Bertrand]

Welcome to the forums and thanks for the kind words - please try without any custom signal names / from entry signal entries in the strategy, it might be a typo in there so it's not picked up as you would expect. If this still not works, please attach the zip export so we can take a closer look.

Thanks