Setting Mas Stop Loss when using TrailStop

[MJUK10]

I'm using a TrailStop but want to set a maximum stop loss as well independent of the trailstop. If is use SetStopLoss however this overrides the trailstop. How can I set a maximum loss?

[NinjaTrader_Lance]

Depending on your goals there are a couple different ways to approach this.

If you're looking to set the stop at the start at the max and then trail it based on the bars that follow you can use SetTrailStop() and not have to worry about using SetStopLoss()

If you want more specific trailing management you would have to either only use SetStopLoss() to adjust the stop as needed or do this through advanced order handling.

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

A good example of managing orders: http://www.ninjatrader.com/support/f...ead.php?t=7499

Let me know if I can be of further assistance.