Calling Stop Loss Value from Calculated Variable

[clewis5]

Hello,

I'm having trouble using data stored in a variable as a stop loss. As seen in the attached image, I've set the value of that variable (named StopVar) to be displayed under each bar to make sure it's correct. However, when my entry logic fires off, it is placing my stop 1 tick behind my entry, instead using StopVar as the offset. In the leftmost entry in the image, my stop loss should have been offset by 38 ticks.

I apologize beforehand, this is my first attempt at using strategy builder and I have almost zero programming knowledge.

[NinjaTrader_AlanS]

Hello clewis5,

Thanks for writing in to our Support team.

Can you please send me screenshots of how you are calculating your StopVar value? Do you get the same behavior when using a numeric value instead of a variable for your stop loss value?

I look forward to your reply.

[clewis5]

Thanks for the reply Alan,

Please find the screenshot attached.

I am trying to set the stop at the low of the bar that just closed whenever an entry is triggered. Using a set numerical value, or a user input for the stop works fine.

Initially, I tried just calling out the low of the bar (price) on the stops and targets screen, but the strategy would immediately disable and throw an error on the log screen. I tried a few other routes with the same results and eventually wound up at this stage; calling the value for the offset from a variable. The code runs now, but not as I would like it.

Thanks in advance,
clewis5

[NinjaTrader_AlanS]

Hello clewis5,

Thanks for your reply.

When setting up the Stops and Targets from this window in the strategy builder, it sets the profit target/stop loss before any of your logic to calculate your StopVar variable is run, so it uses your default value of 1. You can see this if you select View code - SetProfitTarget() and SetStopLoss() are called in State.Configure before your calculation logic in OnBarUpdate() has a chance to run.

To use your variable once the value has been calculated, you will need to unlock your code and copy and paste the SetStopLoss() method just after the line that the StopVar is caclulated, like so:

StopVar = Convert.ToInt32((Stop[0] * 10));
SetStopLoss('', CaclulationMode.Ticks, StopVar, false);

Please let me know if I may be of any further assistance.