strategy builder - trail calculation

[parkourbg]

How do I make a trailing stop loss logic that always maintaince xx amount of tick distance from the highest positive tick movement after the order is filled?

[junkone]

start tracking the highest and lowest prices after the fill. then you can start maintaining a x distance from the highest price.

[parkourbg]

Thank you very much for the answer!
Sadly, I'm pretty new to the NinjaTrader system/coding. Is there any chance you can give me a template for that?

[NinjaTrader_BrandonH]

Hello parkourbg,

Thanks for your post.

You can use exit order methods and adding coding logic in the Strategy Builder to accomplish this goal. Please note that you would not be able to use the exit methods and the stops in the stop and targets window as that creates a violation of the managed approach internal order handling rules, linked here: https://ninjatrader.com/support/help...d_approach.htm

My colleague Chelsea has created educational examples of strategy builder breakeven and trailing stop in the strategy builder here:

https://ninjatrader.com/support/forum/forum/suggestions-and-feedback/suggestions-and-feedback-
aa/103992-request-breakeven-functions-in-strategy-builder#post806596
Please let us know if we may assist further.