How to enable autotrailing in condition builder for automated trading

[davedxb]

So i have build my first simple SMA auto trading strategy.....works fine.

But i would like to add a condition, auto trailing....so that when the strategy opens a position....to close it when the auto trailing conditions are met.

example:

I would like the autotrailing to trail the actual price and keep a distance of 5 units.
So if the price reverses more than 5 units, the positions closes....

Any tips or references to look at?

I tried messing with the strategy builder wizard....still couldn't figure it out...
http://www.ninjatrader.com/support/h...sitionStrategy

[NinjaTrader_Bertrand]

davedxb, welcome to our forums : on the stops & targets section please add for example the SetTrailStop to your strategy, you can then decide by how much ticks to trail.

http://www.ninjatrader.com/support/helpGuides/nt7/settrailstop.htm?zoom_highlightsub=SetTrailStop

[davedxb]

I want to implement this AutoTrail
http://www.ninjatrader.com/support/helpGuides/HelpGuideV6/helpguide.html?AutoTrail

Into Auto Trading Strategy....using Wizard..or code...if i have too...


Maybe this is what i am looking for?

http://www.ninjatrader.com/support/helpGuides/HelpGuideV6/helpguide.html?OnBarUpdateEvent

[NinjaTrader_Bertrand]

Hi Dave, yes if you'd like to call AtmStrategyTemplate in your NinjaScript strategy then you'd need to work directly with the programming code in the NinjaScript editor, a full example is preinstalled with NT under the 'SampleAtmStrategy'.

http://www.ninjatrader.com/support/helpGuides/nt7/atm_strategy_methods.htm

[davedxb]

Hi Dave, yes if you'd like to call AtmStrategyTemplate in your NinjaScript strategy then you'd need to work directly with the programming code in the NinjaScript editor, a full example is preinstalled with NT under the 'SampleAtmStrategy'.

http://www.ninjatrader.com/support/h...gy_methods.htm

Lovely link! i will go through all the codes and do some testing one by one....thank you...

[davedxb]

Ok...so after alot of practice and reading...my coding skills are much better.

But i STILL cant get this auto trail to work.

// Condition set 1
if (CrossAbove(MACD(12, 26, 9), MACD(12, 26, 9).Avg, 1)
{
EnterLong(DefaultQuantity, ");
}

What i want is, when it enters long....to follow the market price, auto trail it by 5 ticks.
So as the market price increase on every bar update....the auto trail will update and keep a distance of 5 ticks from the current market price. This way, if the price goes back down, more than 5 ticks on the next bar, the strategy will exit my long position.

Any help would be great....

[NinjaTrader_Bertrand]

Dave, that would be simply a command to enter a long position - it would not provide any stop loss or trailing on the position. For calling an ATM template with the AutoTrail setup as needed, please use the AtmStrategyCreate(): http://www.ninjatrader.com/support/h...strategycreate

[davedxb]

Dave, that would be simply a command to enter a long position - it would not provide any stop loss or trailing on the position. For calling an ATM template with the AutoTrail setup as needed, please use the AtmStrategyCreate(): http://www.ninjatrader.com/support/h...strategycreate

Thanks for the quick response!

So i created my Auto Trail strategy from the super DOM, just like shown over here:

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?advanced_trade_management_atm.htm

And i named my Auto Trail Strategy "myautotrailstats"

Then, i go back to my code and it should look like this, where if triggered, the code shall call out the strategy i made "myautotrailstats"

// Condition set 1
if (CrossAbove(MACD(12, 26, 9), MACD(12, 26, 9).Avg, 1)
{
AtmStrategyCreate(OrderAction.Buy, OrderType.Market, 0, 0,
TimeInForce.Day, GetAtmStrategyUniqueId(), "myautotrailstats",
GetAtmStrategyUniqueId());
}

That didnt seem too hard!!!! taking into account i have not tested it yet! =] Does the above seem correct? Ill try it out on my demo account

[NinjaTrader_Matthew]

Looks good davedxb,

Let us know if you see any issues or have any questions.

[mate41]

Hello Matthew,
i've a question about macd conditions:
condition1: macd crossing above slow ema (12)
condition2: macd crossing below fast ema (26)
How can i set these conditions ?

[NinjaTrader_Bertrand]

You would set this up in the Strategy Builder's Condition Builder - http://www.ninjatrader.com/support/h...on_builder.htm

For creating cross over conditions, please check into the 7th section from the above link from our helpguide ('How to create a cross over condition').

[mate41]

Sorry Bertrand,
moved my question to the right forum section. (indicator)
Is not a strategy question.

[NinjaTrader_Bertrand]

For an indicator you would need to code this directly in the NinjaScript editor. You can though use the Strategy Wizard to 'view' the code it would generate and copy then sections over to your new indicator.