Stop at High of the previous bar before entering

[CarlosTTW]

I am trying to set an StopLoss at High of the previous bar before enter a position.

To do that I am using following instruction:
SetStopLoss("", CalculationMode.Price, High[BarsSinceEntry()-1], false);

But It doesn't work

What's wrong??

Thanks
Carlos

[NinjaTrader_PatrickH]

Hello Carlos,

Thank you for your post.

Use OnExecution to track the execution for fill, at that point assign CurrentBar to an int and then call that int in your High[int barsAgo].

For example:

protected override void OnExecution(IExecution execution)
{
    if (execution.Order != null && execution.Order.OrderState == OrderState.Filled)
    {
        myInt = CurrentBar;
    {
}

protected override void OnBarUpdate()
{
    SetStopLoss("", CalculationMode.Price, High[CurrentBar - myInt], false);
}

For information on OnExecution and CurrentBar please visit the following links:

• OnExecution: http://ninjatrader.com/support/helpG...nexecution.htm
• CurrentBar: http://ninjatrader.com/support/helpG...currentbar.htm

Please let me know if you have any questions.

[CarlosTTW]

Thanks Patrick H. for your answer,

In what case should we use BarsSinceEntry()?

Regards,
Carlos

[NinjaTrader_PatrickH]

Hello CarlosTTW,

You can use BarsSinceEntry after an entry as it is a count and not a CurrentBar value.