Backtest with dynamic stoploss and ProfitTarget

[cyjoe]

Hi,

I use Strategy Builder to build strategy. I want Bollinger SMA line as ProfitTarget, and Bollinger Upper/Lower band line as Stoploss.
I want Price once touch SMA line or Bollinger Upper/Lower band lines, exit the trade. Not waiting for close of Candle bar.

1) Can it archieve this job with Strategy Builder? Or need to unlock the code?
2) Can give me some advices how to program it? Need any intrabar method?
3) If I use strategy tester to backtest it, is it okay?


Thanks for your help!


cyjoe

[NinjaTrader_ChelseaB]

Hello cyjoe,

It is possible to set order prices of entry and exit methods (not set methods) to prices of indicators in the Strategy Builder.
It is also possible to trigger an order when a condition is met such as the market price reaching or crossing an indicator price.

Below I am providing a public link to a forum post with helpful information about getting started with NinjaScript. I recommend starting by watching and following along with the Strategy Builder 301 training video.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040

Yes, Strategies can be backtested in the Strategy Analyzer.