Dynamic ATR SetStopLoss - Price absolute vs offset?

[kbellare]

I'm using a dynamic ATR SetStopLoss in OnBarUpdate() section .. To activate the Stop as soon as position is entered (not wait for next bar), I added it in the Entry Condition below.

1) My ExitLongLimit orders are not being triggered at all, even when the position is alive for several 100 bars and StopLoss isn't active. When i comment out the SetStopLoss, the ExitLongLimit works fine. Is there some issue with my SetStopLoss code?

2) How do i change the SL price depending on # of Bars of position? I want to say
if (Position.Bars ==0) SetStopLoss(entryPrice - 2*SlAtr*ATR(10)[0]);
else SetStopLoss(entryPrice - SlAtr*ATR(10)[0])
Note - since my SetStopLoss is in Entry condition, no Position object formed yet, so i can't check for the position bars.


if (MACD(Close, MacdPer, MacdPer*2, 9).Diff[0] > MACD(MacdPer, MacdPer*2, 9).Diff[1])
{
double entryPrice = Close[0]-entryTicks*TickSize;
EnterLongLimit(DefaultQuantity, entryPrice, "Enter-Lim");
SetStopLoss("", CalculationMode.Price, entryPrice-SlAtr*ATR(10)[0], true); //
}

// Condition set 2
if (MACD(Close, MacdPer, MacdPer*2, 9).Diff[0] < MACD(MacdPer, MacdPer*2, 9).Diff[1])
{
ExitLongLimit(Close[0] + exitTicks* TickSize, "Exit-lim", "");

}

[koganam]

I'm using a dynamic ATR SetStopLoss in OnBarUpdate() section .. To activate the Stop as soon as position is entered (not wait for next bar), I added it in the Entry Condition below.

1) My ExitLongLimit orders are not being triggered at all, even when the position is alive for several 100 bars and StopLoss isn't active. When i comment out the SetStopLoss, the ExitLongLimit works fine. Is there some issue with my SetStopLoss code?

2) How do i change the SL price depending on # of Bars of position? I want to say
if (Position.Bars ==0) SetStopLoss(entryPrice - 2*SlAtr*ATR(10)[0]);
else SetStopLoss(entryPrice - SlAtr*ATR(10)[0])
Note - since my SetStopLoss is in Entry condition, no Position object formed yet, so i can't check for the position bars.


if (MACD(Close, MacdPer, MacdPer*2, 9).Diff[0] > MACD(MacdPer, MacdPer*2, 9).Diff[1])
{
double entryPrice = Close[0]-entryTicks*TickSize;
EnterLongLimit(DefaultQuantity, entryPrice, "Enter-Lim");
SetStopLoss("", CalculationMode.Price, entryPrice-SlAtr*ATR(10)[0], true); //
}

// Condition set 2
if (MACD(Close, MacdPer, MacdPer*2, 9).Diff[0] < MACD(MacdPer, MacdPer*2, 9).Diff[1])
{
ExitLongLimit(Close[0] + exitTicks* TickSize, "Exit-lim", "");

}

Documented in the NT Help here: http://ninjatrader.com/support/helpG...d_approach.htm

Look at the last item on the page.

[NinjaTrader_PatrickH]

Hello kbellare,

Thank you for your post.

1. Koganam linked you over to the Internal Order Handling Rules that would dictate that the SetStopLoss or Exit method would ignore the other. Only one will work at the same time, not both.

2. Use BarsSinceEntry: http://ninjatrader.com/support/helpG...sinceentry.htm

I would also recommend reviewing the sample at the following link: http://ninjatrader.com/support/forum...ead.php?t=3222