Announcement

Collapse

Looking for a User App or Add-On built by the NinjaTrader community?

Visit NinjaTrader EcoSystem and our free User App Share!

Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less

Partner 728x90

Collapse

Stop Loss & Target Exit & winning strategies

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Stop Loss & Target Exit & winning strategies

    Hi

    i read the book "Micro trend trading " and i was trying to back test it on one of my stocks.
    I started making a strategy with the condition builder but i had some difficulties and i need help.

    1.I want to creat a stop loss and a target exit and any one of them cancels the other.
    Stop loss value is= the low of the "entry" bar(the bar that i opened the position in) - (1 x ATR(14) indicator value)
    Target exit value= entry price + (2 x ATR(14) indicator value)
    How can i write this one cancel another condition and how can i write these values or select them from condition builder?
    Please describe in details as i am new to all this.

    2. Is there any strategies developed here that has a success of 80% winning trades or more?

    Thank you very much

    #2
    Hi johnbastawros,

    Welcome to the NinjaTrader forums!

    As discussed by email, the condition you would like to express requires working with code. To get started working with NinjaScript, we have tutorials available here:
    http://www.ninjatrader.com/support/h...indicators.htm

    There was much more detail in my original email reply to you. I have also resent this in case you never received initially.
    Last edited by NinjaTrader_RyanM1; 03-16-2011, 03:57 PM.
    Ryan M.NinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by xepher101, 05-10-2024, 12:19 PM
    5 responses
    66 views
    0 likes
    Last Post NinjaTrader_Jesse  
    Started by Vitamite, Yesterday, 12:48 PM
    3 responses
    17 views
    0 likes
    Last Post NinjaTrader_ChelseaB  
    Started by aligator, Today, 02:17 PM
    0 responses
    15 views
    0 likes
    Last Post aligator  
    Started by lorem, 04-25-2024, 09:18 AM
    22 responses
    96 views
    0 likes
    Last Post lorem
    by lorem
     
    Started by sofortune, Today, 10:05 AM
    3 responses
    16 views
    0 likes
    Last Post NinjaTrader_ChristopherJ  
    Working...
    X