SetTrailStop not adjusting

[roberttk]

In my strategy I want to use two different trail stops:

if (GetCurrentAsk() >= Position.AvgPrice)
{
SetTrailStop(CalculationMode.Ticks, 10/TickSize);
}
else
{
SetTrailStop(CalculationMode.Ticks, 20/TickSize);
}

Basically when the "CurrentAsk" is below the "Position.AvgPrice" I want to have a trail stop with "20/TickSize" and when it is above I want the trail stop to be "10/TickSize".
The problem is that the trail stop will always stay at "10/TickSize" and it won't adjust if the price drops below the "Position.AvgPrice".

Do I have to cancel the trail stop first before changing it? If not, what am I doing wrong?

Thanks a lot!

Edit: Also, I'd like to know how to cancel a trail stop at "CurrentAsk < Position.AvgPrice" and set a Stop Loss instead. When the CurrentAsk returns to > Position.AvgPrice I'd like to cancel the stop loss and set a trail stop again.

[NinjaTrader_Bertrand]

Robert, you could not cancel a Set order explicitly just change it's characteristics dynamically like you attempted. Did you see the return for backtesting or realtime testing? As GetCurrentAsk is just the Close price always in backtesting.

[roberttk]

I'm already using my strategy live. I didn't realize this behavior before.

[NinjaTrader_Bertrand]

Thanks, just also saw your edit, you could not cancel any Set method - the usual approach is for example just using SetStopLoss then and changing the values dynamically as desired, as you could just for example set a price based hard stop then or provide means to update the stop value as the trade progresses and thus have the trailing effect without using SetTrailStop. An example to get started would be found here - http://www.ninjatrader.com/support/f...ead.php?t=3222

[roberttk]

Thanks for the example.
Still, when I change the trail stop (as described in post #1) it should work? Meaning this is the correct way to change a trail stop?

[NinjaTrader_Bertrand]

Yes, it would. Please run with TraceOrders enabled and you should see the changing value of the stop in the NT output window if the condition triggered to change.

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

[roberttk]

Ok, I will do that.
Thanks a lot for the fast help and support!

[roberttk]

I still can't get "SetTrailStop" to work properly. TraceOrders is showing me the correct Trail Stop but it doesn't change the order. I've tested with the simulated data feed and also with my live connection (Vision Financial Markets).
I'm using "SetStopLoss" with "CalculationMode.Price" now and calculating the trail stop with a function.

[NinjaTrader_CalH]

Robertkk,

What is updated script that you are using?