Do SetProfitTarget() & SetStopLoss() for Multi-Time Frame & Instruments Strategy

[johnnybegoode]

Do SetProfitTarget() & SetStopLoss() work for Multi-Time Frame & Instruments Strategy?
The total of all the instruments and the individuals.

[NinjaTrader_ChrisL]

Hello johnnybegoode, thanks for your post.

If you set the stop or target from State.Configure, then that will be applied to all orders generated by the strategy. You can also set individual stops and targets like so:

...

else if (State == State.Configure)
            {
                AddDataSeries("CL 11-19", BarsPeriodType.Minute, 1);
            }
        }

        protected override void OnBarUpdate()
        {
            if(State == State.Historical)
                return;

            if(BarsInProgress == 0)
            {
                SetStopLoss(CalculationMode.Ticks, 10);
                EnterLong();
            }

            if(BarsInProgress == 1)
            {
                SetStopLoss(CalculationMode.Ticks, 30);
                EnterLong();
            }

[johnnybegoode]

I mean could you make it work based the sum/total of all the combined instruments. It works on individual instrument.

i.e. with 2 open positions

BarsArray[0] - EURUSD is at -$20
BarsArray[1] - GBPUSD is at $40

I would like SetProfitTarget() at $20 and it closes both positions at the same time.
At the moment, it is based on individual instrument's profit.

Thank you!

[NinjaTrader_ChrisL]

Hi johnnybegoode, thanks for your reply.

Correct me if I am wrong, do you want to set the stop loss based on the average position? If so then just set a global stop loss and profit target. This will set a common stop loss for any entry that occurs. Any other values will need to be calculated by your script.