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Break Even in Strategy Wizard
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Break Even in Strategy Wizard
i see that i can use a profit target and stop/trailing stoploss in the wizard, i am trying to find a way to simply use ONLY some form of a break even to where once a trade is X amount of ticks positive i can set a stop loss order at my break even point or some user defined pointTags: None
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You would have to bypass using the stop loss screen and create a condition that submits exit long stop for example. Then create another condition that checks close of is >= position average price and then use Exit long stop with a new price that is equal to the position average price.
The down side is that the stop is not submitted until the next bar or, if you run with calculate on bar close set to false, then it would be submitted on the next tick after a position is opened.RayNinjaTrader Customer Service
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