I'm sure there is already an elegant solution to this, but what are those of you using IOrders in Ninja doing for a TrailStop?

I came up with this which runs in OnBarUpdate:

 

Code

if (Position.MarketPosition == MarketPosition.Long) { int myHi = HighestBar(High, BarsSinceEntry(0, "Entry 1a",0)); double myValueLong = High[myHi]; double stopValueLong = myValueLong - stopLoss * TickSize; stopOrder1 = ExitLongStop(stopValueLong, "MyTrailStop", "Entry 1a"); }

Which kind of works... but what has been working well for others? Thanks!

MXASJ 

I'm sure there is already an elegant solution to this, but what are those of you using IOrders in Ninja doing for a TrailStop? I came up with this which runs in OnBarUpdate:   Code if (Position.MarketPosition == MarketPosition.Long) { int myHi = HighestBar(High, BarsSinceEntry(0, "Entry 1a",0)); double myValueLong = High[myHi]; double stopValueLong = myValueLong - stopLoss * TickSize; stopOrder1 = ExitLongStop(stopValueLong, "MyTrailStop", "Entry 1a"); } Which kind of works... but what has been working well for others? Thanks!

MXASJ Did you come up with any other solutions?

Thanks,

This is also what I do. I don't see why its not the best solution possible.
Only one correction:
I believe that it changes the actual stop order, then don't give it a new name "MyTrailStop", in live trading it won't work.