Auto-Break-Even

[moon_121]

I want to code a auto-break-even in a strategy. I know, that you can't do this with the strategy-builder.
I tried to put your "sample price modification" code into my strategy, but there seems to be something that I'm doing wrong.
Could you please be so kind and post a code snippet for a auto-break-even?
It should behave like this:

If unrealized win bigger than VARIABLE set Stop to entry-price plus 1

(Somehow this should be different for long and short orders).
Thanks for your help!

[NinjaTrader_PatrickH]

Hello moon_121,

Thank you for your post.

Using the SamplePriceModification example is a great way to start. For your sepecific example you could use the following code:

if (Position.GetProfitLoss(Close[0], PerformanceUnit.Points) > yourVariable)
{
SetStopLoss(CalculationMode.Price, Position.AvgPrice + 1 * TickSize);
}

For information on GetProfitLoss please visit the following link: http://www.ninjatrader.com/support/h...profitloss.htm

Please let me know if I may be of further assistance.

[moon_121]

I put the in an sample strategy (simple SMA cross). I could compile it, but do not get the desired results. Could you please check my code and tell me what I did wrong?

#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Gui.Chart;
using NinjaTrader.Strategy;
#endregion

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
    /// <summary>
    /// Enter the description of your strategy here
    /// </summary>
    [Description("Enter the description of your strategy here")]
    public class SMAcrossBreakeven : Strategy
    {
        #region Variables
        // Wizard generated variables
        private int fast = 1; // Default setting for Fast
        private int slow = 1; // Default setting for Slow
        private int breakeven = 1; // Default setting for Breakeven
        // User defined variables (add any user defined variables below)
        #endregion

        /// <summary>
        /// This method is used to configure the strategy and is called once before any strategy method is called.
        /// </summary>
        protected override void Initialize()
        {
            Add(SMA(Close, Fast));
            Add(SMA(Median, Slow));
            Add(SMA(Close, Fast));
            Add(SMA(Median, Slow));

            CalculateOnBarClose = true;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
            // Condition set 1
            if (CrossAbove(SMA(Close, Fast), SMA(Median, Slow), 1))
            {
                EnterLong(DefaultQuantity, "");
            }

            // Condition set 2
            if (CrossBelow(SMA(Close, Fast), SMA(Median, Slow), 1))
            {
                EnterShort(DefaultQuantity, "");
            }

            // Beginning of Auto-Break-Even
            // If not flat print our unrealized PnL
              if (Position.MarketPosition != MarketPosition.Flat)
              Print("Open PnL: " + Position.GetProfitLoss(Close[0], PerformanceUnit.Points));
        
            if (Position.GetProfitLoss(Close[0], PerformanceUnit.Points) > breakeven)
            {
            SetStopLoss(CalculationMode.Price, Position.AvgPrice + 1 * TickSize);
            }
        
        
        }

        #region Properties
        [Description("")]
        [GridCategory("Parameters")]
        public int Fast
        {
            get { return fast; }
            set { fast = Math.Max(1, value); }
        }

        [Description("")]
        [GridCategory("Parameters")]
        public int Slow
        {
            get { return slow; }
            set { slow = Math.Max(1, value); }
        }

        [Description("")]
        [GridCategory("Parameters")]
        public int Breakeven
        {
            get { return breakeven; }
            set { breakeven = Math.Max(1, value); }
        }
        #endregion
    }
}

[NinjaTrader_PatrickH]

Hello moon_121,

Thank you for your response.

Please send me your log and trace files for today so that I may look into what occurred.

You can do this by going to the Control Center-> Help-> Mail to Support.

Please place 'ATTN: Patrick' in the subject line and reference this thread in the body of the e-mail: http://www.ninjatrader.com/support/f...ad.php?t=53668

I look forward to your response.