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Stop loss at previous candle closing price
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Hello Teebone21,
Thank you for your post.
Exit methods like ExitLongStopLimit() would need to be used to place a stop loss at the close price of the previous bar. Please see the attached example strategy that demonstrates this.
In the strategy, we create a variable named prevClose. We save the previous close price to that variable in OnBarUpdate. The script checks if we are in a flat position and calls EnterLong with a signal name "MyEntry". Then we check if we are in a long position and call ExitLongStopLimit with a fromSignalName of "MyEntry" and use our prevClose variable for the stop price.
See the help guide documentation below for more information.
ExitLongStopLimit - https://ninjatrader.com/support/help...gstoplimit.htm
Please let us know if we may assist further.Attached FilesBrandon H.NinjaTrader Customer Service
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