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Change Stop based on price action

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    Change Stop based on price action

    I would like to have my strategy move my stop to 2 ticks above break even when the price becomes greater than 15 ticks. I have the following in my code: (this example is for a long position)

    if (Close[0] > Position.AvgPrice + 15 * TickSize)
    {
    SetStopLoss(CalculationMode.Price, Position.AvgPrice + 2 * TickSize);
    }

    This only works if the bar closes greater than 15 ticks above entry. I need it to work any time the bar is greater than 15 ticks above entry, even if the bar closes less than 15 ticks.

    What should I change if(Close[0] to?

    #2
    ghunt,

    Close[0] is the most recent price. What you would need to do is run your strategy with CalculateOnBarClose = false instead of true to get your script to process every single tick.
    Josh P.NinjaTrader Customer Service

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