I need help with target profit in a strategy

[pedro132]

Hello, I wanted to know if you can configure a target profit according to an indicator (in this case RSI) for example if RSI reaches 65 close operation, this in a strategy

[NinjaTrader_BrandonH]

Hello pedro132,

Thanks for your post.

To clarify, are you wanting to set a profit target when a certain condition becomes true? Such as, if the RSI is greater than or equal to 65, place a profit target order?

If so, you could use Exit order methods, such as ExitLongLimit(), to place a profit target order to close a position when a certain condition becomes true.

This could be set up in the Strategy Builder, then you could click the 'View code' button to see the generated code. In the Strategy Builder's Conditions and Actions screen, you could create a condition that checks if the RSI indicator is greater than or equal to 65 and create an action that calls something like ExitLongLimit() to place a profit target order.

See the help guide documentation below for more information.
Strategy Builder Making Indicator to Value Comparisons: https://ninjatrader.com/support/help...lueComparisons
Actions: https://ninjatrader.com/support/help...t8/actions.htm

Let us know if we may assist further.