How to set trailing stop after trade is in the black

[relogical]

Can anyone show me how to place a trailing stop after a trade is profitable. Basically I want to place a 4 tick trailing stop as soon as a trade is 4 ticks in the profit. Thanks

[sledge]

Can anyone show me how to place a trailing stop after a trade is profitable. Basically I want to place a 4 tick trailing stop as soon as a trade is 4 ticks in the profit. Thanks

Are you using the ATM?

[relogical]

Are you using the ATM?

No ATM, just trying to code a simple automated strat.

[sledge]

No ATM, just trying to code a simple automated strat.

SetTrailStop??

http://www.ninjatrader.com/support/forum/showthread.php?t=53699&highlight=setstoploss

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?settrailstop.htm

[relogical]

Thanks but that's not what I need. I need to set the trailing stop after a trade is profitable. I do not want to set it as a stop that trails. I want it to set as a profit that trails.

[sledge]

Thanks but that's not what I need. I need to set the trailing stop after a trade is profitable. I do not want to set it as a stop that trails. I want it to set as a profit that trails.

So add a conditional that if the current price > entry price, then SetTrailStop...

Maybe you post some code of what you have? It will be probably be easier to fix that up.

[relogical]

That's the thing, I am not a programmer so I'd like to see a code example.

[sledge]

That's the thing, I am not a programmer so I'd like to see a code example.

Hopefully someone has something coded up for this, as I do not.

[NinjaTrader_Bertrand]

Have you looked into this example here relogical?

http://www.ninjatrader.com/support/forum/showthread.php?t=3222

This would set an initial static stop with SetStopLoss and then adjust to breakeven once a profit has been reached. This could be of course further customized.

[relogical]

I do not want to set a stop. I want to set a trailing stop once my trade becomes profitable. Any code examples? Thanks