Visual stops and limits

[cptrader]

I have created a few systems using the wizard. Is there a way to display the initial stop and intial limit visually on the chart when the strategy enters a position? Is there a way also to display the trailing stop in real time?

Can you also assist with this piece of code?
I wish to exit a long position by using a limit order one ATR(5) from my entry price. ExitLongLimit(ATR(5)[0],'''',""). I am not sure what to use to show entry price.

Thanks

[NinjaTrader_Bertrand]

Hi cptrader, to reference the entry price you can use 'Average Position Price' from the 'Strategy' category. Visualizing your stops would unfortunately need custom coding outside of the wizard.

[cptrader]

ExitLongStop(Position.AvgPrice - ATR(5)[0] , "", "");

The above initial stop would be entry price less ATR(5).
The ATR would be calculated on each new bar. Correct?
How would I reference the ATR to the entry bar only?

[NinjaTrader_Bertrand]

You would need to store the ATR value in a variable when you enter and then reference this in your order as offset for the stop.

[cptrader]

Thanks for your feedback Bertrum

I am not entirely sure how to store the ATR value in a variable when you enter. I have included sample code with a stored ATR value of 5.

private int aTRPeriod = 5; // Default setting for ATRPeriod

{// Condition set 1
if (Low[0] > SMA(High, 10)[0])
{
EnterLong(DefaultQuantity, "SMAabove");
}

// Condition set 2
if (Position.MarketPosition == MarketPosition.Long)
{
ExitLongLimit(Position.AvgPrice + ATR(aTRPeriod)[0] , "SMAaboveExit", "SMAabove");

[NinjaTrader_Bertrand]

Hi cptrader, with storing I meant doing something like this

 
if (Position.MarketPosition == MarketPosition.Long)
{
double myATR = ATR(5)[0]; 
ExitLongLimit(Position.AvgPrice + myATR);
}

which I find simply more convenient, but your code should do it also.

[bkout]

Just to verify since I'm using simple profit and loss stops. Without doing code is there any way to plot say plus and minus 10% from the entry price lines on a chart?

[NinjaTrader_Bertrand]

Unfortunately not bkout, you would need to create an indicator were you enter your entryprice and then you can calculate and display those levels.