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View Full Version : Currency in SetProfitTarget / SetStopLoss


DarrylT
05-12-2007, 10:44 AM
When using these with a currency value, does the currency value apply per contract in the position, or is it a value for the entire position? As an example, if I say SetProfitTarget(500) and have on 3 contracts and the trade moves the right way, will the profit be $1500 (per contract basis) or $500 (per position basis)?

Thanks.

NinjaTrader_Ray
05-12-2007, 10:54 AM
It is position basis and is based on the original position not the open position. So if you go long 3 and you have a currency based stop of $500, NT will calculate what the correct initial price is to set the stop loss price.