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Setting Trailing stop

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  • NinjaTrader_ChrisL
    replied
    Hello Gsmcc, thanks for your reply.

    The specific rule that is ignoring the exit order is this one:

    Methods that generate orders to exit a position will be ignored if:

    •A position is open and an order submitted by an enter method (EnterLongLimit() for example) is active and the order is used to open a position in the opposite direction

    •A position is open and an order submitted by a set method (SetStopLoss() for example) is active


    So you must choose one or the other. I attached a sample strategy that is somewhat related (it shows how to work with Exit orders in the builder by performing a break even with the stop loss.)

    Please let me know if I can assist any further.
    Attached Files

    Leave a comment:


  • Gsmcc
    replied
    Thanks for the reply

    Is there a way in the Strategy builder for both the algorithm and the trailing stop to be active?
    Would like to exit a position if the algorithm creates a sell signal or the trailing stop is activated.
    Do I have to choose one or the other?

    Thanks

    Leave a comment:


  • NinjaTrader_ChrisL
    replied
    Hello Gsmcc, thanks for your question.

    The order is being ignored. This is part of the managed order handling rules. Please read this section for a detailed description of the order handling rules:

    https://ninjatrader.com/support/help...antedPositions

    Kind regards.

    Leave a comment:


  • Gsmcc
    started a topic Setting Trailing stop

    Setting Trailing stop

    I am using the Strategy Builder for an algorithm. I have used 'exit long position" when a 'sell" signal is produced by the strategy. The trailing stop in the "stops and targets' section is being ignored.
    It looks like I have to choose either the trailing stop or 'exit long position' controlled by the strategy. Is that correct? Can both be in place/active in the Strategy builder?

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