SetTrailStop("myLongEntry", CalculationMode.Ticks, ticksTrailingStop, bSimStop);
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SetTrailStop clarification desired
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SetTrailStop clarification desired
When using SetTrailStop in ninjascript, is it called just once after the trade is entered and the stop automatically adjusted or does it have to be called every time the price moves up/down the specified amount?
SetTrailStop("myLongEntry", CalculationMode.Ticks, ticksTrailingStop, bSimStop); -
Hello Ricktek,
Thank you for your note.
The order will get place as you enter into a position and will start working off of live data at that point.
Please note that in a backtest, we don't have the intrabar data so it will update once and accordingly with the close price of each bar. I.E. the number ticks the close is from the Entry pointCal H.NinjaTrader Customer Service
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Originally posted by ricktek View PostWhen using SetTrailStop in ninjascript, is it called just once after the trade is entered and the stop automatically adjusted or does it have to be called every time the price moves up/down the specified amount?
SetTrailStop("myLongEntry", CalculationMode.Ticks, ticksTrailingStop, bSimStop);
That is why we tell you to reset the TrailStop when the trade goes flat. Of course, if you never changed it, the point is moot.
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