close at new high

[Titli]

Hi ninja trader community,

I need your help. How do I tell this strategy to close its position high(e.g if trading at 3300 close at 3305 etc)? This strategy is based on an indicator. So if I'm taking a long and the next few candles go short the strategy's signal will close its position in a loss but is there way I could tell the strategy to not close its position in the state of a loss but to look for a new high and close its position in that new high?

Thank you

[NinjaTrader_ChelseaB]

Hello Titli,

You can submit an order to a specific price. A buy limit would be below the ask, a sell limit would be above the ask, a buy stop would be above the bid, a sell stop would be below the bid.

You can get the High with High[barsAgo index].

You can add ticks to the high with TickSize.

For example

EnterLongLimit(High[0] + 3 * TickSize);

You can compare the current price to the close of 3 bars ago.

if (Close[0] > High[3])

[Titli]

Thank you so much Chelsea. You are always such a great help!