Strategy + indicator coding - samples / examples

November 30th, 2009, 05:21 AM

hi mrticks,
see MXASJs post.

November 30th, 2009, 05:29 AM

max-td

hi mrticks,
it should work like this with all three together.

I have a break-even component in there also. Maybe that is my problem. I'll go over a few strategies from other people and see how they have coded it out.

Thanks for the response.

November 30th, 2009, 07:03 AM

The SetTrailStop() method can NOT be used concurrently with the [COLOR=#0000ff]SetStopLoss()[/COLOR] method for the same position, if both methods are called for the same position (fromEntrySignal) the SetStopLoss() will always take precedence. You can however, use both methods in the same strategy if they reference different signal names.

-NT 6 Help

November 30th, 2009, 07:36 AM

MXASJ

The SetTrailStop() method can NOT be used concurrently with the [COLOR=#0000ff]SetStopLoss()[/COLOR] method for the same position, if both methods are called for the same position (fromEntrySignal) the SetStopLoss() will always take precedence. You can however, use both methods in the same strategy if they reference different signal names.

-NT 6 Help

Thanks MXAJ, good to know, appreciate it.

December 1st, 2009, 08:48 AM

max-td

here some snippets for

StopLoss
ProfitTarget
TrailStop

in strategys

Code

                            
    protected override void Initialize()

        {
            // Submit stop-loss and profit target orders


            SetStopLoss(CalculationMode.Ticks, 5);

            SetProfitTarget(CalculationMode.Ticks, 10);

           SetTrailStop(CalculationMode.Ticks, 40);
            
            CalculateOnBarClose = true;
            

        }

https://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?SetProfitTarget

https://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?SetTrailStop

https://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?SetStopLoss

Attention :
The SetTrailStop() method can NOT be used concurrently with the SetStopLoss() method for the same position, if both methods are called for the same position (fromEntrySignal) the SetStopLoss() will always take precedence. You can however, use both methods in the same strategy if they reference different signal names.

Here is the code that I had:

Code

                            
#region Breakeven and Trailing Stops
            // Resets the stop loss to the original value when all positions are closed
               switch (Position.MarketPosition)
            {
                case MarketPosition.Flat:
                    SetStopLoss(CalculationMode.Ticks, stopLoss);
                    previousPrice = 0;
                    break;
                case MarketPosition.Long:
                    // Once the price is greater than entry price+ breakEvenTicks ticks, set stop loss to breakeven
                    if (Close[0] > Position.AvgPrice + breakEvenTicks * TickSize
                        && previousPrice == 0)
                    {
                        initialBreakEven = Position.AvgPrice + plusBreakEven * TickSize;
                        SetStopLoss(CalculationMode.Price, initialBreakEven);
                        previousPrice = Position.AvgPrice;
                        PrintWithTimeStamp("previousPrice = "+previousPrice);
                    }
                    // Once at breakeven wait till trailProfitTrigger is reached before advancing stoploss by trailStop size step
                    else if (previousPrice    != 0 ////StopLoss is at breakeven
                             && GetCurrentAsk() > previousPrice + trailProfitTrigger * TickSize
                        )
                    {
                        newPrice = previousPrice + trailStop * TickSize;
                        SetStopLoss(CalculationMode.Price, newPrice);
                        previousPrice = newPrice;
                        PrintWithTimeStamp("previousPrice = "+previousPrice);
                    }
                    break;

My entries are beautiful on the strategy!!!! Just can't get the trailing stop working. It takes the stop loss and initial breakeven but doesn't trail. When I get the code for trailing stop then I'll post it.

December 1st, 2009, 09:03 AM

You need to get rid of the SetStopLoss code and use SetTrailStop I believe. I'll post an example later.

EDIT: I found this in my 6.5 folder and if memory serves the SetTrailStop function worked in this strategy both short and long. It's sloppy but might give you some ideas.

December 1st, 2009, 10:43 AM

MXASJ

You need to get rid of the SetStopLoss code and use SetTrailStop I believe. I'll post an example later.

EDIT: I found this in my 6.5 folder and if memory serves the SetTrailStop function worked in this strategy both short and long. It's sloppy but might give you some ideas.

Thanks MXASJ, I'll take a look at that template. Appreciate the response.

December 1st, 2009, 07:17 PM

MXASJ

You need to get rid of the SetStopLoss code and use SetTrailStop I believe. I'll post an example later.

EDIT: I found this in my 6.5 folder and if memory serves the SetTrailStop function worked in this strategy both short and long. It's sloppy but might give you some ideas.

I got exactly what I wanted from that, perfect entries and spot on trail stops, so am going to modify a breakeven to it and see how it runs.

Code

                            
SetTrailStop(CalculationMode.Ticks, Stop);
EnterLongStop(ContractAmount, High[0] + PrevBarPlusTicks * TickSize, "Long Entry");

December 1st, 2009, 09:04 PM

Glad it helped! In terms of breakeven you can do that with your target/trail in some ways. A two contract ZN example with a target on the first contract @ 5 ticks and an 8 tick trail on both contracts becomes a "breakeven" trade once that target is hit (ignoring slippage).

December 2nd, 2009, 04:31 AM

MXASJ

Glad it helped! In terms of breakeven you can do that with your target/trail in some ways. A two contract ZN example with a target on the first contract @ 5 ticks and an 8 tick trail on both contracts becomes a "breakeven" trade once that target is hit (ignoring slippage).

Thanks. Will hopefully get some code up here later with a breakeven type method on it. Depending on how the day goes!

Strategy + indicator coding - samples / examples

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Strategy + indicator coding - samples / examples