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Automated Algorithmic StopLoss/Target Strategy following manual order entry?

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    Automated Algorithmic StopLoss/Target Strategy following manual order entry?

    Could someone please tell me if there is a way to create an algorithmic stoploss/target strategy (to enable an automated exit) that would be enabled following a manual order entry using chart trader. Many thanks.

    #2
    Hello,

    Thank you for your post.

    This would be possible if you use the Auto-Breakeven or Auto-Trail Custom Stop Strategies.

    Please see the following links:
    Auto-Breakeven:
    http://www.ninjatrader-support.com/H...?AutoBreakeven

    Auto-Trail:
    http://www.ninjatrader-support.com/H...html?AutoTrail

    That way you can automate how the stop moves after manual order entry.
    Ryan ONinjaTrader Customer Service

    Comment


      #3
      I have my own stoploss/target exit algorithm written as a strategy. I wish to "link" this to a manual order entry. Is there a way to have it running in the background as a strategy and have the algorithm (strategy) detect if there is an active position (which will have been iniated manually via chart trader)?

      For example lets say I wished to use the parabolic SAR as a stoploss. How would I do this?
      Last edited by boreland; 11-20-2009, 05:28 PM.

      Comment


        #4
        Hello,

        This may be possible but I would recommend that you post this question on the NinjaScript section of the forum because other users may have done this, and may have advice for how to accomplish it.
        Ryan ONinjaTrader Customer Service

        Comment

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