How to resert a TrailingStop price

[CarlosTTW]

Hi all,

I am trying to set a trailing stop based on a user Variable0, but I don't know how to resert it whe the estrategy is flat

This is what I have done:

if (...Several Conditions...)

{
EnterLong(DefaultQuantity, "");
Variable0 = Low[1];

SetTrailStop("", CalculationMode.Price, Variable0, false);
}


Is it possible?

Thank you,
Carlos

[NinjaTrader_ZacharyG]

Hello CarlosTTW,

Thank you for writing in.

I would highly suggest taking a look at this reference sample on our support forum for details on how to reset your stop: http://ninjatrader.com/support/forum...ead.php?t=3222

You can see on lines 52 - 55 how the stop loss is reset.

if (Position.MarketPosition == MarketPosition.Flat)
{
	SetStopLoss(CalculationMode.Ticks, stoplossticks);
}

While this is in regards to SetStopLoss(), you can easily reset SetTrailStop() to whatever default value you wish.

Please, let us know if we may be of further assistance.