Is it possible to create different second Stop loss in strategy builder?

[tkaboris]

HI
I have a strategy that has couple of different strategies/entries.
Is there a way to create a different stop loss for particualr strategy?
for example, i have 2 scalp entries and one runner and i would like runner to have parabolic stop loss..

DO we have an example of it?

[NinjaTrader_BrandonH]

Hello tkaboris,

Thanks for your post.

The SignalName property of Entry orders and FromSignalName property of Set methods are used to determine which Set methods are tied to an Entry order.

For example, when you call your Entry order method you would set the SignalName to something like "EntryMethod1". When creating your Set method, such as SetParabolicStop(), you would set the FromEntrySignal property to use the same name ("EntryMethod1") to tie that Set method to that entry order.

The help guide pages below explain the SignalName and FromEntrySignal properties.

https://ninjatrader.com/support/helpGuides/nt8/index.html?actions.htm#HowToEnterAMarketPosition

https://ninjatrader.com/support/helpGuides/nt8/index.html?actions.htm#HowToExitAMarketPosition

And, see the attached example script demonstrating this concept.

Note from the SetParabolicStop() help guide page: The SetParabolicStop() method can NOT be used concurrently with the SetStopLoss() or SetTrailStop() method for the same position, if any of methods are called for the same position (fromEntrySignal) the SetStopLoss() will always take precedence. You can however, use all three methods in the same strategy if they reference different signal names.

SetParabolicStop(): https://ninjatrader.com/support/help...abolicstop.htm

Let me know if I may assist further.