setstoploss(currency)

[sergeysamsonov]

Hello

Can you please clarify what does this mean:

SetStopLoss(CalculationMode.Percent, 0.0025) . I expect 0.25% of my current position (that is 250 dollars for 100K), but all my stoploss orders show 360 dollars, is this because I trade pairs that are not of my base currency (e.g. EURAUD and USD)?

And simple SetStopLoss(500) does not mean maximum loss of 500 dollars for forex?

My goal is to set 0.25 percent stop loss of the current position independent of the position size (e.g. 250 for 100K, 500 for 200K).

or alternatively constant value of loss independent of the position size (e.g. 500 for 100K, 500 for 200K).

Can you please suggest how to do both?

Thank you.
Sergey.

[NinjaTrader_Brett]

Hello,

Thanks for the note.

Who is your provider and do you have a MA open with the currency pairs in them as NinjaTrader needs data flowing to allow it to do the conversion so that you get the correct dollar value stop loss value.

The best way to do this is to add most of the currency pairs to a market analyzer so data is flowing for NT to do the conversions.

Let me know if I can be of further assistance.