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Old 03-05-2011, 10:08 AM   #1

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Dynamic Stop Loss

Hi i am writing a code in nijatrader when I setup the stop loss I can only have a fixed stop loss price for example 10 ticks. However, what I want my stop loss to be is 2 candles prior low. instead of a fixed stop loss.

for example. Ninjatrade enters a Long trade the stop loss should be 2 candles prior low. this way the stop loss can be 5 ticks or 15 ticks.

Does anyone know how to write that kind of stop loss code in ninjatrader . thank you for your time
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