Re-calculate stop loss after adding to position?

[motradesmoproblems]

Hi,

Sorry I'm new to NT.

When I'm in a position and I add to it manually, I'd like the stop loss to re-adjust so I maintain the risk per trade that I have already specified. I have an easy formula to re-calculate it but not sure how to use it so it automatically works.

Is this at all possible? If so, could you please give me some pointers on where to start to achieve this?

Thanks a million.

[NinjaTrader_LuisH]

Hello motradesmoproblems,

Thank you for posting on the NinjaTrader forums.


Is it your intent to use custom programming to achieve this, or are you looking to use native tools within the NinjaTrader platform?


Thank you in advance.

[motradesmoproblems]

Hi Luis,

Thanks for the response. I don't mind doing either! (I can write code). The quicker it's to setup the better!

Thanks again.