Trailing Buy in Strategy Builder?

[ecmazii]

Hey does anyone know how to build a strategy or is there and option for trailing buy's?

I see trailing stops but not buys. On other trading platforms I am able to do this but havent seen it on Ninja just yet.

Thanks

[NinjaTrader_ChelseaB]

Hello ecmazii,

For trailing stops added with SetTrailStop() these will be in the opposite direction of the trade. If the position is short the trailing stop will be a buy order to exit that position. If the position is long, the trailing stop will be a sell order.

For an entry that uses logic to trail the current price this would need to be done with logic.

Below are links to examples of custom logic to change the price of orders. These are with exit orders, be the same logic can be applied to entry orders.
https://ninjatrader.com/support/foru...596#post806596

If you have not watched it already, I recommend the Strategy Builder 301 training video.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040