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Setting Trailing Stop

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  • beezerlm
    replied
    Thank you. That was it.

    when it asked for a percentage I thought it meant 1 would = 1% instead of 100%

    Thanks Again!

    Leave a comment:


  • NinjaTrader_RJ
    replied
    Originally posted by beezerlm View Post
    Thanks
    I was using price for the trailing stop. I changed it to percent with a value of .20 and I get the same results?

    Any thoughts?
    A value of .20 is equivalent to a 20% stop. If you want 2%, use .02.

    This is likely the issue.

    Leave a comment:


  • beezerlm
    replied
    Thanks
    I was using price for the trailing stop. I changed it to percent with a value of .20 and I get the same results?

    Any thoughts?

    Leave a comment:


  • NinjaTrader_RJ
    replied
    Hello,

    Thank you for your post.

    What mode are you using for your trailing stop? If you have it set to price, it enters your stop literally at the price of $.02. That is why it never triggers.

    Try using mode ticks/percent instead. For percent .01 = 1%.

    Leave a comment:


  • beezerlm
    started a topic Setting Trailing Stop

    Setting Trailing Stop

    Hi,
    Created a simple moving average strategy and I cannot seem to get the trailing stop to work when a backtest. When I enterlong I used a signal name "long" and when I enter short I use signal name short. When I set a trailing stop of $.02 I referance the signal names and set simulated to "true". Am I missing something?
    Attached Files
    Last edited by beezerlm; 08-05-2009, 06:51 AM.

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