Trailing Profits - How to Reverse a Trailing Stop?

[jeremymgp]

Hello,

I have system using a trailing stop as follows:

protected override void Initialize()
{
SetTrailStop("", CalculationMode.Ticks, 60, true);

CalculateOnBarClose = true;
}

protected override void OnBarUpdate()
{
if ()
{
EnterShort(DefaultQuantity, "");
}

}

I'd like to reverse the trailing stop, so that I would go long instead of short and when the trailing "stop" was hit, it would be a take profit. I can't think how I could do this, low-intermediate coding skills so thanks for your patience,

Jeremy

[NinjaTrader_Josh]

jeremymgp,

If you did EnterShort() and had a short position and you called EnterLong() it will reverse you into a long position, cancel the original trailing stop, and finally place you in a new trailing stop that is in the appropriate direction.