ATR Trailing Stop Strategy

[seanfleming365]

New to Ninja Trader,

Trying to figure out how to code or build a strategy based of a an ATR Trailing stop Indicator that I used on Think or Swim. I want to be able to view it on a chart as well at backtest around the indicator using different conditions. It might already be on here, and i cant find it. Thanks in advance.

-Sean

[NinjaTrader_Tim]

Hi seanfleming365,

Thank you for your post.

Depending on what you are looking to do, you can start with the Strategy Wizard, using the ATR:http://www.ninjatrader-support.com/H...lueComparisons

In that example, the ADX is used, but you can use the ATR as well, once you're ready, you can open the code an manually edit the code.

ATR Syntax: http://www.ninjatrader-support.com/H...guide.html?ATR

[seanfleming365]

this is what im trying to get.
see attached.
im not a programmer, just a strategist.

possible?

[NinjaTrader_Tim]

Hi seanfleming365,

Yes, in fact I was able to find a similar one on these forums: http://www.ninjatrader.com/support/f...id=1&linkid=20

[seanfleming365]

ATR Trailing Stop Strategy

Thank you very much. Big help.
Another Question....
Im trying to set up a strategy based on this indicator. I want it to trade in each direction once per day, one right after the other. first trade enter at 9:31am, exits on ATR Trailing Stop switch and reverses in opposite direction. 2 moves. 4 Executions.

I cant quite figure out how to set number of trades allowed per day in the strategy wizard. Thanks in advance

[NinjaTrader_JoshP]

Sean,

You will need to use the User Variables and run a counter for how many times you have traded already. As you trade once, increase the counter by one. Then when that counter reaches your 2 limit, don't allow for trading anymore. For help on using User Variables, please see this reference sample: http://www.ninjatrader.com/support/f...ad.php?t=15417

[NinjaTrader_Tim]

Hi seanfleming365,

You'll likely
Here is a sample on filtering the hours for your strategy: http://www.ninjatrader.com/support/f...ead.php?t=3226

As for halting a strategy after one trade, there are several ways I can think of doing this, you may consider looking in to the follow reference sample for some ideas: http://www.ninjatrader.com/support/f...ad.php?t=19289

[seanfleming365]

i have downloaded the zip files...
dont quite understand how to implement them.
am i looking for them in the strategy wizard?
thanks in advance

[NinjaTrader_JoshP]

Sean,

You can install the file via File>Utilities>Import NinjaScript. Then go to Tools>Edit NinjaScript>Strategy and select the file you just imported. Then it will open up the Strategy Wizard and you can see the relationship of how it creates things in the Strategy Wizard.