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moving stops to breakeven

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  • dedouglas
    started a topic moving stops to breakeven

    moving stops to breakeven

    Is it possible through the strategy builder to move stops to breakeven after the first target is hit. Seems simple enough but I havent been able to find a way yet.

    Thanks

  • NinjaTrader_PaulH
    replied
    Hello dedouglas,

    Thanks for your post.

    The strategy builder provides simple stops in the form of a set stop loss or a trailing stop loss. It does not provide the means, using those methods in the Profits and stops window to dynamically adjust the stop to a different level(s).

    You can use other exit order methods and adding coding logic in the strategy builder to accomplish this goal. Please note that you would not be able to use the other exit methods and the stops in the stop and targets window as that creates a violation of the managed approach internal order handling rules, linked here: https://ninjatrader.com/support/help...d_approach.htm

    My colleague Chelsea has created educational examples of strategy builder breakeven and trailing stop in the strategy builder here: https://ninjatrader.com/support/foru...596#post806596

    Leave a comment:

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