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Exit Strategy

  #1 (permalink)
 Pickles1774 
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)
 romus 
Melbourne, VIC, Australia
Legendary Wicked Trader
 
Experience: Intermediate
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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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