ATR stop loss

[vibarco]

Hi,

i am trying to set a stop loss 1 ATR (my entry price), i am working with daily bars (EOD Data). Here is my code, it's not running. (the instrument were strategy is working on are stocks).

protected override void OnBarUpdate()
{
		double stop = Instrument.MasterInstrument.Round2TickSize(ATR(14)[0]);
		SetStopLoss(CalculationMode.Ticks, stop);
...
}

I need some help.

Best,
Vince.

[NinjaTrader_Bertrand]

Vince, the stop is likely just pretty small, as you set it based on ticks in the SetStopLoss call and not on price, which would make more sense as the ATR value is normally used as an offset from price based value to achieve the trail.

To clarify I would suggest using TraceOrders and printing your calculated double stop value to find out why it's working differently than you would expect.

http://www.ninjatrader.com/support/forum/showthread.php?t=3627

http://www.ninjatrader.com/support/forum/showthread.php?t=3418