Placing a Stop Loss below a candle's low or high

[jpeep]

Hi!
Is there a way in Strategy Builder to set a Stop Loss 2 ticks below a candle's low or high, without unlocking the code? And if not, is there code that I could borrow to do this?
Thanks in advance!

[NinjaTrader_Jim]

Hello jpeep,

Thanks for your post.

The Stops and Targets allows for setting static stop losses based on the entry. If you would like to place stop losses based on price action, you will need to design logic in the Conditions and Actions page to call ExitLongStopMarket when the Strategy Position is long.

I have attached an example that demonstrates protecting your position with Exit methods in the Strategy Builder. This demonstrates a move to Breakeven, but you could consider moving the stop loss to the Low of a previous bar instead of moving it to Position.AveragePrice.

We look forward to assisting.

[jpeep]

Thanks
I'll check it out and let you know if anything.