Individual StopLoss for multiple positions

[Bernhard_mu]

Hi,

I am familiar with setting the stoploss to breakeven for the average position as described in the tips-section.

However, I would like to handle the stoplosses separated for every single position, if I have multiple positions. It is fine to set the stoploss at the entry price (50 points below entryprice) but I have no idea how to alter the stoplosses because I do not know how to link events to a special position.

Let's say I want to set stoploss to breakeven when the market rises 100 points.

Start:
Position1 Entryprice: 1000 initial S/L: 950
Position2 Entryprice: 1025 initial S/L: 975
Position3 Entryprice: 1050 initial S/L: 1000

In the meantime the market rises to 1140 points, so the stops for Position 1 and 2 would be adjusted:
Position 1 new stop: 1000
Position 2 new stop: 1025
Position 3 new stop: 1000 (no change)

Any idea how I can handle this?

Thanks very much!

[NinjaTrader_CalH]

Hello Bernhard_mu,

Thank you for your post and welcome to the NinjaTrader Forums!

Yes, you would want to take a look at the following reference sample below on how to modify your stop loss and/or profit targets.
http://www.ninjatrader.com/support/f...ead.php?t=3222

Let me know if I can be of further assistance.