Keep Stop loss separated

[ficantaloa]

Hello,

I have a strategy when a set up is made by the candles then:
Enterlong();
SetStopLoss(CalculationMode.Price, Low[0] -2);
While Price goes up if the set up appears again another order enterlong and setstoploss happens, and the same for 3rd, 4th, etc
Everything ok until here.
What I would like to have is stoploss separated, attached to the low of the enterlong candle,
Now at every new order, the buy order goes up averaging the entry I guess
and the same for stoploss 1 Sell STP gets 2 Sell STP, 3 Sell STP, etc
I there any coding to not merge stoploss? I would like to keep them separated below the candle that created the entry.

In other words, can I code in my strategy the ATM option: Keep selected ATM strategy template on order submission?

Thanks
Oscar

[NinjaTrader_PaulH]

Hello ficantaloa,

Thanks for your post and welcome to the Ninjatrader forums!

You can do this by using unique signal names for your entries and then using those same signal names in the SetStopLoss().

Please see, "Order Entry Methods" on this page: https://ninjatrader.com/support/help...d_approach.htm

[ficantaloa]

Thanks for your quick answer.
I implemeted what you suggest and partialy Works.
If (set up XYZ happens)
SetStopLoss("Long1", CalculationMode.Price, Low[0] - 2,true);
EnterLong("Long1");

With that, all stopsloss are still merged but they moved to the low of last entry, before the stayed merged at an average Price I guess.
Any idea what's missing to get them separated under their low?
Thanks

[NinjaTrader_PaulH]

Hello ficantaloa,

Thanks for your reply.

Yes, you would need to use unique signal names for each. Each order signal name must be different to use a different stop.

For example is your strategy only places one order per bar you could so something like:

If (set up XYZ happens)
SetStopLoss("Long1"+CurrentBar, CalculationMode.Price, Low[0] - 2,true); // create the stop loss signal name using "Long1" and the current bar number
EnterLong("Long1"+CurrentBar); // Create the entry of Long1 and the current bar number.

[ficantaloa]

Thanks mate, that's amazing, after a few weeks testing it Works perfectly well!