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Time-Stoploss with Startegy Builder

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    Time-Stoploss with Startegy Builder

    Dear Ninjatrader Team,

    is it possible to build a time-stoploss (e.g. close position after 5 days) with the strategy builder?

    Best regards,
    Harvard

    #2
    Hello Harvard,

    Thank you for your note.

    This would be possible if you were running your strategy on a daily series. You could then check if bars since entry was greater than 5 bars ago, and if so, exit the position. I provided 2 screen shots of how you would set this up.

    If you were running this on an intra day series, say 5 minute, BarsSinceEntry would refer to 5 minute bars. Theoretically you could calculate how many 5 minute bars are in a daily bar, and multiple that by 5 to come up with how many bars you should enter for BarsSinceEntry.

    Please let us know if you need further assistance.
    Attached Files
    Alan P.NinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_AlanP View Post
      Hello Harvard,

      Thank you for your note.

      This would be possible if you were running your strategy on a daily series. You could then check if bars since entry was greater than 5 bars ago, and if so, exit the position. I provided 2 screen shots of how you would set this up.

      If you were running this on an intra day series, say 5 minute, BarsSinceEntry would refer to 5 minute bars. Theoretically you could calculate how many 5 minute bars are in a daily bar, and multiple that by 5 to come up with how many bars you should enter for BarsSinceEntry.

      Please let us know if you need further assistance.


      Thanky you very much!

      Comment

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