if trade is unprofitable after n bars exit trade

[sburtt]

Hi NT Team,

I just wanted to double check with you that the code below does the following:

EXIT TRADE IF AFTER N BARS THE TRADE IS IN LOSS

            if(Position.MarketPosition != MarketPosition.Flat 
                && BarsSinceEntry() >= n
                &&  Position.GetProfitLoss(Close[0], PerformanceUnit.Points) <= 0)       
            {
                ExitLong(); 
                ExitShort();
            }

I would appreciate if you could provide feedback on this, thanks,

[NinjaTrader_JC]

Hello sburtt,

Everything looks fine, but you may just want to be aware that "Position.GetProfitLoss(Close[0], PerformanceUnit.Points) <= 0" will also be triggered when the Close[0] price is equal to the entry price as well as being lower since it is going to be less than "<" or equal to "=".

[sburtt]

Hello sburtt,

Everything looks fine, but you may just want to be aware that "Position.GetProfitLoss(Close[0], PerformanceUnit.Points) <= 0" will also be triggered when the Close[0] price is equal to the entry price as well as being lower since it is going to be less than "<" or equal to "=".

JC ok thanks