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activate indicator stop loss on close

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    activate indicator stop loss on close

    I am using a custom indicator as a trailing stop loss. I want it to execute on close of the bar only. Right now it is closing on a touch of stop loss price. Is there a way to get the stop loss to activate on close of the bar?

    Thanks

    #2
    Hello rexsole,

    Thank you for writing in.

    A working stop loss can be filled at any time the price touches the order.

    If you want to only exit when the bar closes, instead of using a stop loss, use a market exit order that is submitted when the bar closes.
    Chelsea B.NinjaTrader Customer Service

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