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Exit Strategy

  #1 (permalink)
Pembroke Pines
Experience: Beginner
Platform: NinjaTrader
Broker: Ninjatrader
Trading: Futures
Frequency: Daily
Duration: Minutes
Posts: 23 since Nov 2022
Thanks Given: 0
Thanks Received: 2

Hello, could anyone explain in steps and snippet how I can exit/flattened a long trade when the current bar (0) crosses below the close of the previous bar (1). The exact opposite for short trades.I would like to create it in the strategy builder.

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  #2 (permalink)
Melbourne, VIC, Australia
Legendary Wicked Trader
Experience: Intermediate
Platform: NinjaTrader
Trading: SPI
Frequency: Every few days
Duration: Days
Posts: 795 since Dec 2010
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Have a look at this, if helps:

The other conditions are not precisely specified.
Do you want to exit on bar close or on the penetration of the Close (1) - which would be using Price Low (0) Cross Below...

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