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Multiple Level Breakeven

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    Multiple Level Breakeven

    Hello!

    I have successfully implemented the multiple level breakeven but haven't figured out how to have a take profit.

    How would I implement a take profit?

    #2
    Hello litamm89,

    Below is a link to an example that has a profit chase using a limit order.


    The limit order would have the opposite direction in ticks than the stop order. So if the position is long, for the stop the trigger price is above current price, and the stop price is below the current price, for the limit the trigger would be below the current price and the limit price would be above the current price.
    Chelsea B.NinjaTrader Customer Service

    Comment


      #3
      NinjaTrader_ChelseaB

      Chelsea,

      I think what I am trying to achieve is much easier to do then everything else you linked me in.

      I am just trying to set a take profit line the same as the stop loss.

      The stop loss works long as Exit Long Stop Market so what would the opposite take profit be?

      As you can see I tried using ExitLong Limit and that did not work.

      Which option will set a hard profit at a certain tick value?

      Comment


        #4
        Hello litamm89,

        The screenshot shows you are using the Strategy Builder.

        Below are links to examples created with the Strategy Builder.
        https://ninjatrader.com/support/foru...596#post806596

        When you mention: "I tried using ExitLong Limit and that did not work", was the order ignored, rejected, or cancelled?

        Enable TraceOrders to see what is happening to orders after they are submitted.
        https://ninjatrader.com/support/foru...121#post791121

        Using an ExitLongLimit above the market price would be correct.
        Chelsea B.NinjaTrader Customer Service

        Comment

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