Trailing stop based on previous bars high/low

[GussJ]

Hi
I am looking for an ATM strategy where the stop can be trailed based on previous bar high/ low.
Also if one can customize which time frame to use for trailing and the number of bars to be used( current bar, or last bar , or 2 bars back...etc) and the number of tics (1or2...etc) to above or below the trailing bar.
Any help and feedback is highly appreciated.
Regards,
Guss

[NinjaTrader_PatrickH]

Hello Guss,

Thank you for your post.

This is not possible through an ATM Strategy, but is possible through an Automated Strategy in NinjaTrader. You can develop custom strategies in NinjaScript to handle advanced conditions for placement of orders. If you would like to take on learning NinjaScript, we have a fully documented help guide which will help you get started with Ninja Script. You will find language references to all of the methods and functions you will be using. You will also see a tutorial section which will help you create your first indicator and get you started with some of these concepts.
A link to our Help Guide can be found below: http://www.ninjatrader.com/support/h...stribution.htm

I am also linking you to the Educational Resources section of the Help Guide to help you get started with NinjaScript: http://www.ninjatrader.com/support/h..._resources.htm

You will find Reference Samples online as well as some Tips and Tricks for both indicators and strategies:
Click here to see our NinjaScript Reference Samples: http://www.ninjatrader.com/support/f...splay.php?f=30
Click here to see our NinjaScript Tips: http://www.ninjatrader.com/support/f...ead.php?t=3229

These samples can be downloaded, installed and modified from NinjaTrader and hopefully serve as a good base for your custom works.

There is a also a growing library of user submitted custom indicators (100+) that can be downloaded from our support form. Please look in the NinjaScript File Sharing section of our support forum as you may find what you are looking for there: http://www.ninjatrader.com/support/f...splay.php?f=37

If you have limited time or programming capabilities, you can discuss your requirements with any of our certified NinjaScript consultants.
Click here for a list of certified NinjaScript Consultants: http://www.ninjatrader.com/Ecosystem/NonBroker.php#81

Please let me know if you have any questions.

[GussJ]

Thanks Patrick,
I thought that was possible with NT
What about using Chart trader, it's still not possible to have the stop trailed based on bars?
I am a discretionary trader, so I am not interested in automating a strategy other than a trailing stop.

Thanks
Guss

[NinjaTrader_PatrickH]

Hello GussJ,

Thank you for your response.

Unfortunately, this would not be possible no matter the Order Entry window used.

[GussJ]

Thanks Patrick