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Found 3 results

  1. Risk is a broad market term that refers to the potential loss that can be” seen in any trade. In forex, risk is generally limited by using a stop loss on open positions.
  2. 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
  3. Hi, I want to set a breakeven stoploss after each new trade has made the appropriate market movement i.e. in the market & 50% towards price target. If Condition13 = True and Condition14 =True Then Begin SetStopContract; SetBreakeven(1); End;End; However once set for the first trade it stays set for all subsequent trades, is there a way to close it when the trade closes or do I have to go about it a different way? Lowly 2000i code only and out of ideas.
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