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NT8 Strategy ATR STOP and TARGET


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  #1 (permalink)
 felgab 
Montreal, Quebec
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 16 since Jul 2011
Thanks Given: 9
Thanks Received: 5

Hi, I would like to see if someone could help me to put me on the track to get a dynamic TARGET and a STOPLOSS in a strategy with NinjaTrader 8. To get an exemple. I can build a strategy with VARIABLES and ENTRY with STRATEGY BUILTDER, but concerning a Dynamic TARGET and the STOPLOSS, it is another story. I am not looking for a trailing stop, but something like if High(0) > (Entry + (ATR(14) * 3.5)).
I know that we need to unlock script and use the code in the OnBarUpdate region but I do not know how.
Let me know if someone can help me. Thanks,


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 trendisyourfriend 
Quebec Canada
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,581 since Oct 2009
Thanks Given: 4,267
Thanks Received: 6,212

Download this indicator (Formula indicator):
https://nexusfi.com/local_links.php?linkid=2129

Enter this formula as condition for a long in Strategy builder :


The formula is:
@"VALUE(EMA(50),0)+VALUE(ATR(14),0) *3.5"


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Last Updated on November 12, 2021


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