Strategy: Move stop to break even + n pips

[suroot]

Hi,

I followed instructions in this thread to modify a stop loss to break even when n pips unrealized profit:

http://ninjatrader.com/support/forum/showthread.php?t=3222

This works perfectly fine. I can't though figure out how to move the stop to break even + n pips (example break even + 2 pips). Could anyone help me in the right direction?

Thanks in advance!

br,
Chris

EDIT: Excuse my stupidity, as simple as this:

SetStopLoss(CalculationMode.Price, Position.AveragePrice +1 * TickSize);

[NinjaTrader_ChrisL]

Hello,

Thank you for the post.

I am reviewing your inquiry and will be back with a reply shortly.

I look forward to assisting further.

[suroot]

Hi,

Thanks - but there is no need, since I figured it out and marked thread as solved with the answer to my question below.

br,
Chris

[Rogue_Two]

Can you please post how you did this Suroot?

I am trying to figure out how to do this as well.

[NinjaTrader_ChrisL]

Hello Rogue_Two,

suroot updated his original post with the answer to his question.

SetStopLoss(CalculationMode.Price, Position.AveragePrice +1 * TickSize);

Please let me know if I can clear anything up for you.

[Rogue_Two]

Thanks Chris.

In this case is Position.AveragePrice the entry price of a position?

[NinjaTrader_ChrisL]

Hello Rogue_Two,

That is correct. Documentation on this property can be found here:

https://ninjatrader.com/support/helpGuides/nt8/en-us/?position_averageprice.htm