Take profit the size /range of entry bar

[janio973]

Hello, I would like to know if it is possible to put my take profit on the size of my entry candle? If possible how I should proceed or if anyone has an idea I'm interested. Thank you in advance, any help is welcome.

[NinjaTrader_Jesse]

Hello janio973,

When you say put the profit target on the size of the entry candle, what specifically do you mean? Are you asking how to put it at the high of that candle?

[janio973]

hello,thx for your help,I attach a picture for better understanding
I want to project this size as my take profit when my order trigger and put the stop loss 1 tick below entry candle

[NinjaTrader_Jesse]

Hello janio973,

From the image its hard to tell, is the space between the High of the bar and the top line the amount of price difference between the High and Low of the bar?

If so you would need to subtract the Low from the High to know the difference in Price for that bar. With that difference you could use that to Add to the bars High price which would give you the High plus the difference.

[janio973]

I make a line in red color ,maybe its better for you now

[janio973]

I am at home now,I manage to make something better for you to understand.
I have a strategy that shows me the entry(blue candle),
I just need now set my take profit 100% of the size of that entry candle from its high,when the order is triggered
and set stop loss at its low.
Manually its easy to do all this,but I am looking a way to do this with builder or editor.
The help I need is in this way ,

[NinjaTrader_Jesse]

Hello janio973,

What I mentioned in post 4 would be how to do that:

You would need to subtract the Low from the High to know the difference in Price for that bar. With that difference you could use that to Add to the bars High price which would give you the High plus the difference.

If you are using the strategy builder this type of math would require using a custom Series double to store the result of the High minus the Low. You can then use that series in conditions or for offset values. To add to an existing price you would select the High series for example and then in that series parameters it has the Offset parameter, you would use the custom series there to add to the high price.

[janio973]

Hello NinjaTrader_Jesse , thanks for you help
for example Its something like high1-low1=20ticks
and set profit target high0+20
thats what I understand but write this code is what I dont know to do,
If someone can give me an hand with that code line ,it would be wonderful

[NinjaTrader_Jesse]

Hello janio973,

In the builder when you do math between series that results in a price value so to set a target based on that dynamic price value you would have to use a Set and control the target using logic. There is a sample of that concept here:

https://ninjatrader.com/support/forum/forum/suggestions-and-feedback/suggestions-and-feedback-aa/103992-request-breakeven-functions-in-strategy-builder