Strategy to go long with a stop loss and a take profit?

[spikeruk]

Hi.
How can I place a trade in c# strategy to go long, but also include a stop loss and a take profit?

e.g.
Long trade at 200
Stop loss will kick in if it goes below 180
Profit will be taken if it goes above 220

[NinjaTrader_PaulH]

Hello spikeruk,

Thanks for your post and Welcome to the NinjaTrader forums!

You can use the Ninjascript methods of SetStopLoss() and SetProfitTarget(). Those methods will be employed with an OCO structure meaning one is canceled automatically when the other is filled. I will include the help guide links below as well as a reference to the "managed Approach" that summarizes this information.

If you are using the Strategy Builder, these methods are also available through the Stops and Targets window however in the strategy builder these would need to be fixed values that would apply to every trade so you would want to use the CalculationMode of Ticks and specify the number of ticks to achieve your goal.

References:
Managed Approach: https://ninjatrader.com/support/help...d_approach.htm
SetStopLoss(): https://ninjatrader.com/support/help...etstoploss.htm
SetProfitTarget(): https://ninjatrader.com/support/help...ofittarget.htm

[spikeruk]

Thanks, this helped