Program profit target exits with Indicator Stop Loss ...

TakingStock12

Member

Join Date: Aug 2009

Posts: 46
#1

Program profit target exits with Indicator Stop Loss ...

05-20-2013, 10:01 PM

Trying to find any reference on how to program strategy to exit on either hitting profit target OR when an indicator reverses direction (i.e., not using a price/tick-based stop-loss). Anyone have any idea how to do this? Wasted many, many hours trying to figure it out already on my own. Thanks!
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NinjaTrader_Bertrand

NinjaTrader Customer Service

Join Date: Sep 2008

Posts: 26253
#2

05-21-2013, 03:18 AM

TakingStock12, you could check for example into the attached example with our SampleMA Crossover strategy, it would implement a 10 tick profit target and exit trades if a fast HMA turns direction.
Attached Files

SampleMACrossTarget.zip (6.5 KB, 41 views)

BertrandNinjaTrader Customer Service
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TakingStock12

Member

Join Date: Aug 2009

Posts: 46
#3

05-21-2013, 10:26 AM

Thanks ...

.... I'll give it a close look today and see if I can work it out.

-david
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