help with trailing stop

newguy05 · 02-04-2008, 10:37 PM

Hi guys, i tried so many combinations but cant get trailing stop to work. I am using the ninja gui to do my strategy and have not messed with the code itself.

1) My strategy will call the EnterLong() or EnterShort() for executing an entry order if certain conditions are met, this works good.

2) All i want is for the script to also place a normal trailing stop order at the same time, so if the position drops by 5% or more from its high since entry, it will automatically sell the position at market.

What are the steps to do is? i tried using the stop and targets screen, but it just buy and sell at the same bar all the time.

thank you.

NinjaTrader_Josh · 02-04-2008, 10:44 PM

You would do it in the page you have already been trying to do it in. You would choose Trailing Stop -> Percent -> and put in 0.05 for 5%.

newguy05 · 02-04-2008, 10:54 PM

AHHH! thank you! I was keep trying to put 5 and -5 instead of 0.05

02-04-2008, 10:37 PM	#1
newguy05 Junior Member Join Date: Feb 2008 Posts: 12 Thanks: 0 Thanked 0 times in 0 posts	help with trailing stop Hi guys, i tried so many combinations but cant get trailing stop to work. I am using the ninja gui to do my strategy and have not messed with the code itself. 1) My strategy will call the EnterLong() or EnterShort() for executing an entry order if certain conditions are met, this works good. 2) All i want is for the script to also place a normal trailing stop order at the same time, so if the position drops by 5% or more from its high since entry, it will automatically sell the position at market. What are the steps to do is? i tried using the stop and targets screen, but it just buy and sell at the same bar all the time. thank you. Last edited by newguy05; 02-04-2008 at 10:39 PM.
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02-04-2008, 10:44 PM	#2
NinjaTrader_Josh NinjaTrader Product Manager Join Date: May 2007 Location: Denver, CO Posts: 17,458 Thanks: 1 Thanked 107 times in 70 posts	You would do it in the page you have already been trying to do it in. You would choose Trailing Stop -> Percent -> and put in 0.05 for 5%. Josh NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
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02-04-2008, 10:54 PM	#3
newguy05 Junior Member Join Date: Feb 2008 Posts: 12 Thanks: 0 Thanked 0 times in 0 posts	AHHH! thank you! I was keep trying to put 5 and -5 instead of 0.05
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