SetTrailStop()

[funk101]

Problem: On enter trade, initial stoploss set to 12 ticks. After a certain profilt is realized I would like to trail with a tighter stoploss, say 6 ticks. Can I do this with the SetTrailStop() in OnBarUpdate? If not, how would this be done? Thank you.

[NinjaTrader_Dierk]

You can call SetTrailStop() in OnBarUpdate and amend an initial trail stop.

[funk101]

Ok, next question, what's the best way to calculate, say, a 10 tick profit? At this point, when a 10 tick profit is reached, I want to set the trailing stop from 12 ticks, to 6 ticks. Do I set it up using the ATM functions? or is there a simpler way to test.

[NinjaTrader_Ray]

See the Help Guide for information on the Position.GetProfitLoss() method.

Ray

[funk101]

Thanks. Got it. Ok, if I have the same strategy on Euro chart, and ER2 chart, does one affect the other? Meaning, do have to go down the Multi-time/Instrument road using BarsArray() or something?

[NinjaTrader_Ray]

Not at all, just apply the same strategy to either chart. Thats it.

Ray

[funk101]

Ok, cool. I'm trying the NT 6 & Zen-Fire using CCI, the CCI calculations are not updating OnBarUpdate(), even though I initialized() with

CalculateOnBarClose = false;

What could this be?

[NinjaTrader_Ray]

Do you want the calculations to occur once per bar or on each tick? If once per bar then:

CalculateOnBarClose = true;

Ray

[funk101]

Sorry, my mistake. I've been working on a strategy that calls a CCI indicator. My strategy was set to
CalculateOnBarClose = false;



but the indicator was still stuck in the world of

CalculateOnBarClose = true;

this is how we learn, right...?

Thanks for your quick response