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Strategy builder quick question

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    Strategy builder quick question

    Is it possible in the strategy builder to

    -enter multiple positions
    -enter seperate exit conditions and or profit targets for each position
    - enter break even conditions for each position



    note I am just asking about the native functionality of the strategy builder here...not anything else

    thanks

    #2
    Hello lindsayf,

    Thanks for your post.

    Using the provided profit target and stop-loss orders, you can enter multiple positions each with their own assigned profit and stop. This is accomplished by entering separate orders and using a unique signal name for each entry order and specifying that signal name for the related stop and profit orders. The signal name is what ties an entry to it's stop and profit orders.

    For the break-even condition, you would have to build your own (in the strategy builder) and then also create your own profit target and initial stop loss (so you would not be using the stops and targets page, the reason for this has to do with the managed approach rules to prevent unwanted positions. If you want to build your own you will need to be familiar with the managed approach rules found here: https://ninjatrader.com/support/help...d_approach.htm). If you want to try this, here is a link to my colleague Chelsa's educational example of a breakeven stop in the strategy builder:https://ninjatrader.com/support/foru...rategy-builder

    In both cases, make sure you set the entries per direction for the maximum positions you want to have at once as by default it is set to 1 and will prevent further entries. The parameter can be set when you apply the strategy, in the strategy parameters,
    Paul H.NinjaTrader Customer Service

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      #3
      One more thing re strategy builder - does it have capacity to apply a trailing stop?
      It seems not...I thought I read somewhere that it did....

      edit ... I see that it does have TS function.
      Last edited by lindsayf; 01-13-2019, 10:29 PM.

      Comment


        #4
        Hello Lindsay,

        Yes, the strategy builder does have a trailing stop function. It will start at whatever value away from your entry and as your trade goes into profit, the trailing stop will move a corresponding amount. Please note that you cannot use the trailing stop and the set stop on the same entry as the trailing stop would be ignored. If you are placing two entry orders and use signal names, you can assign a set stop to one entry and a trailing stop to another.

        My colleague Chelsea, has created a strategy builder trail stop that does not use the set trailstop in the strategy builder that may be an alternative for you: https://ninjatrader.com/support/foru...rategy-builder
        Last edited by NinjaTrader_PaulH; 01-14-2019, 08:25 AM. Reason: cleaned up.
        Paul H.NinjaTrader Customer Service

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