Manually Moving Stops/Profit Targets set By Automated Strategy

[Jim-Boulder]

I have a strategy that sets stops in the "Initialize()" section. I want to be able to manually override the settings during the trade --it keeps resetting back to the automated settings upon each bar--

How do I keep the strategy from resetting the stops ?

Same question for profit targets

Thank you..

[NinjaTrader_ChelseaB]

Hi Jim-Boulder,

Are you calling SetStopLoss anywhere in OnBarUpdate()?

If so, these are likely resetting the stop loss.

May we see the code you are using in your script?

If so, please include this with your next post.

If you would like to keep your code private, please send an email to support [at] ninjatrader [dot] com.

[Jim-Boulder]

Yes, I am setting in the OnBarUpdate()---here's the code:

protected override void Initialize()
{
Add(SampleGetHighLowByTimeRange(6, 20, 5, 20));
Add(SampleGetHighLowByTimeRange(6, 20, 5, 20));
// SetStopLoss("", CalculationMode.Ticks, SL, false);
TraceOrders = true;
EntriesPerDirection = 1;
EntryHandling = EntryHandling.UniqueEntries;
CalculateOnBarClose = false;

}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
if ((ToTime(Time[0]) > 62000 && ToTime(Time[0]) < 150000) && !traded )
{
entrypriceL = SampleGetHighLowByTimeRange(6, 20, 5, 20).HighestHigh[0]+ 2 * TickSize ;
entrypriceS = SampleGetHighLowByTimeRange(6, 20, 5, 20).LowestLow[0]+ -2 * TickSize;

Print(ToTime(Time[0]).ToString() + "EntrypriceL: " + entrypriceL);
Print(ToTime(Time[0]).ToString() + "EntrypriceS: " + entrypriceS);

SneakRange = SampleGetHighLowByTimeRange(6, 20, 5, 20).HighestHigh[0] - SampleGetHighLowByTimeRange(6, 20, 5, 20).LowestLow[0];
PT = SneakRange /TickSize;
Print("PT: " + PT);
// Condition set 1
if (High[0] >= SampleGetHighLowByTimeRange(6, 20, 5, 20).HighestHigh[0]+ 2 * TickSize)
{
EnterLong("Long1");
EnterLong("Long2");
SetProfitTarget("Long1", CalculationMode.Ticks, PT);
SetStopLoss("Long1", CalculationMode.Ticks,SL,false);
SetStopLoss("Long2", CalculationMode.Price, IchimokuCloud(9,26,52).KijunSen[0] - 1 *TickSize, false);
traded = true;
Print(ToTime(Time[0]).ToString() + "Close[0] " + Close[0]);

}

// Condition set 2
if (Low[0] <= SampleGetHighLowByTimeRange(6, 20, 5, 20).LowestLow[0]+ -2 * TickSize)
{
EnterShort("Short1");
EnterShort("Short2");
SetProfitTarget("Short1", CalculationMode.Ticks, PT);
SetStopLoss("Short1", CalculationMode.Ticks,SL,false);
SetStopLoss("Short2", CalculationMode.Price, IchimokuCloud(9,26,52).TenkanSen[0] + 1 *TickSize, false);
traded = true;
Print(ToTime(Time[0]).ToString() + "Close[0] " + Close[0]);
}
}

if (ToTime(Time[0]) >= 163000)
{
traded = false;
entrypriceL = 0;
entrypriceS = 0;
}

}

[NinjaTrader_ChelseaB]

Hi Jim-Boulder,

From the code it looks like you are referring to Long2 and Short2.

The stop loss in Initialize() has been commented out. Does this prevent the stop losses from being reset?

If you set the stop loss for each specific entry signal name in Initialize() does this correct the issue?

protected override void Initialize()
{
SetStopLoss("Long1", CalculationMode.Ticks, SL, false);
SetStopLoss("Long2", CalculationMode.Ticks, SL, false);
SetStopLoss("Short1", CalculationMode.Ticks, SL, false);
SetStopLoss("Short2", CalculationMode.Ticks, SL, false);
}

[Jim-Boulder]

This didn't stop the SL resetting upon each bar update---any other ideas?

I have bought a strategy (but can't see the code)--that does do this (where I can move the stops and profit targets it has set)--and it works-so I know there is away to get this to happen.

Any input you can suggest would be appreciated.

[NinjaTrader_ChelseaB]

Hi Jim-Boulder,

It may be that the condition to enter a position is being triggered on each new bar which may be resetting the stop loss.

Try moving the stop loss to being set after the order fills in OnExecution. This would mean the only time the stop loss can be reset is when an order fills.

You will need to detect the name of the execution and see that it has filled.

Below is a link to a sample that demonstrates how to do this.
http://www.ninjatrader.com/support/f...ead.php?t=7499

[Jim-Boulder]

I enabled the sample strategy you suggested--but I can't get it's stops and targets to display on Chart Trader--is there some way to enable that? (My chart trader is on a second chart)

[Jim-Boulder]

I restarted NT--and it now display's the PT and SL and I can move them manually---are there any downsides of using the order handling contained in the sample strategy?

[NinjaTrader_CalH]

Hello Jim,

Ensure that you have the same account selected on the chart trader that you placing the orders to from the strategy.

Additionally, there is no downside from the sample.

Let me know if I can be of further assistance.