stop loss

[damientheo]

I have created a strategy in the builder but I need to come up with the stop loss managementby manual code which I have little knowledge of.
The stop is a tic below the low of the bar before entry. That's it and it should be simple but I can't find anything and there is no search function in this forum which is kind of unbelievable!
I am trading stocks so the number of shares will need to be determined using a fixed loss amount ($25 in this case) which will be computed by $25/stop loss amount (in ticks or pennies) from entry.
Thanks,
Damien

[NinjaTrader_ChelseaB]

Hello damientheo,

Below is a link to example scripts that set the exit stop price in the Strategy Builder.

https://ninjatrader.com/support/forum/forum/suggestions-and-feedback/suggestions-and-feedback-aa/103992-request-breakeven-functions-in-strategy-builder?p=806596#post806596

The TickSize and Point Value are not available in the Strategy Builder and this would require unlocking the script to code by hand.

https://ninjatrader.com/support/helpGuides/nt8/ticksize.htm

https://ninjatrader.com/support/helpGuides/nt8/pointvalue.htm

https://ninjatrader.com/support/forum/forum/ninjatrader-8/platform-technical-support-aa/97419-priceos-cs-expecting?p=802269#post802269