Thanks.
Announcement
Collapse
Looking for a User App or Add-On built by the NinjaTrader community?
Visit NinjaTrader EcoSystem and our free User App Share!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less
Partner 728x90
Collapse
NinjaTrader
ATR Stops
Collapse
X
-
Hello Trader17,
Thanks for your inquiry.
This would be possible to hard code into an unlocked NinjaScript strategy, but this would not be possible in the Strategy Builder as the Strategy Builder has limited support for mathematical operations and there is not a way you could multiply the ATR by the TickSize and convert it for use for an ExitLimit or ExitStop order in the Strategy Builder.
Additionally, if you wanted to use SetProfitTarget() or SetStopLoss() to set an exit based on indicator values, you would have to unlock the code so the strategy can update the profit target and stop losses dynamically.
You may see the SetProfitTarget() and SetStopLoss() documentation for more information on hard coding dynamic profit targets and stop losses based on changing data.
SetProfitTarget() - https://ninjatrader.com/support/help...ofittarget.htm
SetStopLoss() - https://ninjatrader.com/support/help...etstoploss.htm
Please let us know if you have any questions.JimNinjaTrader Customer Service
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by ntram, 05-08-2024, 05:39 PM
|
2 responses
15 views
0 likes
|
Last Post
by ntram
Today, 09:19 AM
|
||
Started by Critical_Catch, Today, 08:35 AM
|
0 responses
8 views
0 likes
|
Last Post Today, 08:35 AM | ||
Started by smartromain, Today, 02:52 AM
|
0 responses
18 views
0 likes
|
Last Post
by smartromain
Today, 02:52 AM
|
||
Started by Marklhc1988, 04-19-2023, 11:11 AM
|
12 responses
580 views
1 like
|
Last Post
by victor68133
Today, 12:10 AM
|
||
Started by nicthe, Yesterday, 02:58 PM
|
1 response
17 views
0 likes
|
Last Post
by nicthe
Yesterday, 03:23 PM
|
Comment