BlackBird - Flattening a Position When Price Crosses Below a Moving Average - for NinjaTrader

BlackBird - Flattening a Position When Price Crosses Below a Moving Average - for NinjaTrader

This is a continuation of the BloodHound workshop on Aug.19, 2021 to finish setting up the entry, profit target, and stop-loss orders. A key lesson in this example is learning how to set up a trailing rule to flatten the trade if the market closes on the opposite side of a moving average. The entry is a market order. The profit target is 42 ticks. The stop-loss is 10 ticks, and moves to breakeven +2 after 20 ticks of profit. If the market moves below the EMA 8 (long trade) then flatten the position.

BlackBird Template
https://www.sharkindicators.com/downloads/?did=1103

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