Optimizing Stop Loss and Profit Target

[hazza147]

Hi,

I'm trying to optimize the Stop Loss and Profit Target I use in my strategy. Can someone from reading the below explain why when I try to optimize the strategy in 'Strategy Analyzer' it only lets me optimize DMX_len, T3_boost, T3_length and not StopLoss and ProfitTarget?

#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Strategy;
#endregion

namespace NinjaTrader.Strategy
{
	#region Header
		[Description("trades triggered by T3 on DMX")]
		public class Jurik_DMX_and_T3 : Strategy
		#endregion
	{
		#region Variables	// default values
			private int dmx_len = 10 ; 
			private double t3boost = 0.0; 
			private double t3len = 37; 
			// --------------------------------
			private double T3_value = 0;
		    private int profitTarget = 12; // Default setting for ProfitTarget
        	private int stopLoss = 6; // Default setting for StopLoss
			private DataSeries T3_series;
			#endregion
		
		#region Input Parameters
			[Description("DMX length, any integer > 2")]
			[GridCategory("Parameters")]
			public int DMX_len
			{
				get { return dmx_len; }
				set { dmx_len = Math.Max(3, value); }
			}
			
			[Description("Profit Target > 2")]
			[GridCategory("Parameters")]
			public int ProfitTarget
			{
				get { return profitTarget; }
				set { profitTarget = Math.Max(3, value); }
			}
			
			[Description("Stop Loss > 2")]
			[GridCategory("Parameters")]
			public int StopLoss
			{
				get { return stopLoss; }
				set { stopLoss = Math.Max(3, value); }
			}
			
			[Description("T3 boost, any value between 0 and 1")]
			[GridCategory("Parameters")]
			public double T3_boost
			{
				get { return t3boost; }
				set { t3boost = Math.Min(Math.Max(0, value),1); }
			}
			
			[Description("T3 length, any value >= 1")]
			[GridCategory("Parameters")]
			public double T3_length
			{
				get { return t3len; }
				set { t3len = Math.Max(1, value); }
			}
			#endregion

        protected override void Initialize()
        {
			#region Chart Features
				Add(Jurik_DMX_and_T3( DMX_len, T3_boost, T3_length));		
				CalculateOnBarClose	= false ;
				#endregion
			
			#region Series Initialization
				T3_series = new DataSeries(this);	// sync dataseries to historical data bars
				#endregion
			
			SetStopLoss(CalculationMode.Ticks, StopLoss);
			SetProfitTarget(CalculationMode.Ticks, ProfitTarget);
			}

        protected override void OnBarUpdate()
        {
			#region Strategy Formula
				T3_value = Jurik_DMX_and_T3( DMX_len, T3_boost, T3_length).T3_series[0];
				T3_series.Set(T3_value);
				
				if (CrossAbove(T3_series, 0, 1))
					EnterLong(1, "L");
				else if (CrossBelow(T3_series, 0, 1))
					EnterShort(1, "S");
				#endregion
        }
    }
}

Any help would be greatly appreciated. Thank you.

Kindest Regards,
Harry Seager

[NinjaTrader_Joydeep]

Hello Harry,
To assist you further can you tell me what settings you are using to optimize the strategy.

I look forward to assisting you further.

[hazza147]

Hello Harry,
To assist you further can you tell me what settings you are using to optimize the strategy.

I look forward to assisting you further.

Settings? What exactly do you mean? I have attached a screen shot of what I think you're after. You'll be able to see the top 3 parameters, what I want to do is have an additional 2 parameters for TP and SL but my efforts to do this so far haven't been successful!

Cheers,
Harry

[NinjaTrader_Joydeep]

Hello Harry,
I cannot test the strategy fully at my end as the strategy refers to an 3rd party indicator. So that I may test it further can you please send the indicator Jurik_DMX_and_T3 to support[AT]ninjatrader[DOT]com


Please append Attn:Joydeep in the subject line of the email and give a reference of this thread in the body of the email.

I look forward to assisting you further.