How to define frequency in a Strategy Builder Trailing Stop.

[gjbeaudin]

I am attempting to use a trailing stop within Strategy Builder based on user input number of ticks and frequency. I can create the entry with the user input ticks, but I can determine how to define the frequency that the trailing stop should move? Also, it is unclear if I can have multiple types of stops? I would also like to test the current price value to the high or low for the previous bar and close the position based on that value +- a user input offset. Can I have multiple types of stops?

[NinjaTrader_Jesse]

Hello gjbeaudin,

The frequency of the trailing with the stops and targets page will be the frequency that your script processes. To have a different frequency you would have to program the script like the sample in the following page.

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

In regard to multiple types of stops, no you would need to use either a trailing stop or a standard stop, they cannot be combined to target the same position.