Trailing stop

[NinjaTrader_RyanM1]

Sure, Bill.

1) Paste the code into a new reply.
2) Highlight all NS code by clicking and dragging.
3) Click the # (code) button on the forum toolbar.

That wil enclose all the selected text into the code block.

[billr]

Hi Ryan. It had been a while since posting on this thread, so by the time I had an attempted code written, I ended up posting it here: http://www.ninjatrader.com/support/f...ad.php?t=32643
"Attempt at trailing stop".

In short, I have been frustrating Bertrand on my new thread with my novice attempt at writing this thing. I remembered we had this discussion, so I thought you might have a chance to take a look since it is really a continuation of this discussion.

Thanks.

[marcow]

did you guys actually come to a solution on the intrabar stoploss triggering ?
When I read this thread, I still get the impression Bill's question is not answered properly...;

please consider this scenario:
- I run a strategy - with COBC = true - on a regular 5 min chart..
- In the Initialize section of the strategy code I set a trailing stop of 10 Ticks, with simulated = true.

When running this strategy in Sim or Live, the stoploss is triggered whenever the price hits -10 ticks, so on a tick-by-tick basis.
What I would like to have, is that the stoploss is ONLY triggered at the Close of a bar, and NOT intrabar. So if price goes to -20 ticks intrabar do nothing, but if price still is < -10 ticks at the Close of this bar then trigger stoploss.

Is this possible from within the strategy builder ?

Or can this only be done by adding code that compares price to a certain threshold level ( = Price - TrailingStopp ticks amount) at the Close of a bar, and then sending an ExitLong() / ExitShort() ?

Marco

[koganam]

Ryan,
At the risk of over-explaining, your comment about setting the stop also helps insofar as I don't want to set a stop at the threshold point. I want to trigger an Exit Position if said threshold is met at Close[0].

To do that you will have to manually code it, adjusting the TrailStop to be zero ticks away on the bar close that exceeds the target number of ticks.

[NinjaTrader_Austin]

Marco, as koganam has mentioned, you will need to do this with custom code.

[tonynt]

Sorry, I did reply in wrong thread. Isn´t there a possbility to delete? When editing I have to fill in at least 10 characters and I can´t delete the reply.

[NinjaTrader_Austin]

Tony, when you click on the edit post button, the top section is where the deleting can take place.