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NinjaTrader
stoploss with variable
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Originally posted by tonynt View Post
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koganam,
thank you for your reply.
The left chart is a 60 min chart for having a higher timeframe view and to control the trade with chart-trader enabled.
In my 8Range Chart on the right I do the entries with my strategy
onbarupdate if (BarsInProgress!=0)return;
I think the stop should be below the green upbar as I do not include BarsArray[x] in the stop-conditions I have posted. That´s why I´m wondering.
Thank you
Tony
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Originally posted by tonynt View Postkoganam,
thank you for your reply.
The left chart is a 60 min chart for having a higher timeframe view and to control the trade with chart-trader enabled.
In my 8Range Chart on the right I do the entries with my strategy
onbarupdate if (BarsInProgress!=0)return;
I think the stop should be below the green upbar as I do not include BarsArray[x] in the stop-conditions I have posted. That´s why I´m wondering.
Thank you
Tony
Regardless, if you are calculating stops based on an 8-Range chart, you cannot expect those Stops to be shown relative to the bars of a 1-hour chart: they are fundamentally different ways of representing the price action.
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koganam,
thank you again for your reply.
In my understanding (that might be wrong) the close, low, high, open refer to the primary dataseries in the chart where the strategy is running. And as it is an 8 Range chart I thought it will be below the min of the primary dataseries.
Thank you for the hint with printing.
I do not expect the stops in the min chart as you mention. of course not. As I explained this is only the higher timeframe chart with chart trader enabled to have some additional control of no# of contract and stops.
Thank you again.
Tony
Originally posted by koganam View PostWhich would imply that you are calculating your Stops based off the 8-Range chart's bars? Eyeballing the chart, it looks to me like the Stop is 3 ticks below the entry bar, (on the 8-Range chart). I repeat: Print()ing out the values to the Output Window will quickly reveal what your values are and if the calculations, as coded, are producing what they should. If they are not, then you will have a hint as to where to look.
Regardless, if you are calculating stops based on an 8-Range chart, you cannot expect those Stops to be shown relative to the bars of a 1-hour chart: they are fundamentally different ways of representing the price action.
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