trailing stop loss attached to indicator but only if the indicator moves up?

[lordjashin32]

I'd like to attach stop loss to EMA (21) and with offset of like -30 and then if it moves down. Then it stay put. I don't want it to follow the EMA as it updates and heads down and move the stop loss down. Does that make sense?

[NinjaTrader_Zachary]

Hello lordjashin32,

Thank you for your inquiry.

You'd want to enable the 'Modify toward last price only' property when you attach the stop loss to the indicator. This prevents the order from moving to a worse price if the indicator begins to move away from the market. More information about attaching orders to indicators may be found at the link below;

https://ninjatrader.com/support/helpGuides/nt8/index.html?attachingorderstoindicators.htm#AttachingAnOrderToAnIndicator

Please let us know if we may assist you any further.

[lordjashin32]

Hello lordjashin32,

Thank you for your inquiry.

You'd want to enable the 'Modify toward last price only' property when you attach the stop loss to the indicator. This prevents the order from moving to a worse price if the indicator begins to move away from the market. More information about attaching orders to indicators may be found at the link below;

https://ninjatrader.com/support/helpGuides/nt8/index.html?attachingorderstoindicators.htm#AttachingAnOrderToAnIndicator

Please let us know if we may assist you any further.

Oh thank you. I didn't know I was wrong on what I thought that did. That clears it up for me. I thought it was updating on final price instead of each tick. I thought that was what the setting was for. But that description in the guide is exactly what I was looking for.