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Daily maximum target for Multiple trades

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Daily maximum target for Multiple trades

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  #1 (permalink)
Queensland Australia
Experience: Intermediate
Platform: NinjaTrader, Metatrader
Broker: Mirus Futures/Zen-Fire
Trading: 6E, ES, FESX, Forex
scartree's Avatar
Posts: 63 since Sep 2009
Thanks: 63 given, 79 received

I am learning to code a very simple strategy in Ninjascript for NT7. There are a couple of things with which I am having difficulty. The first is coding a user defined trailing stop. I have been searching for a strategy which has this feature and I am sure I will find it but help here would be appreciated.

The other is a more difficult task and despite my efforts I have been frustrated. I am applying my strategy to several charts, each with a different stock index. (I hope it will also work with bonds, commodities, etc). Having each index trade the strategy is working well. My first objective is to code a daily total TP or SL in each chart which will prevent further trades in that index for that day.

More challenging is to build a daily total TP or SL which will close all charts from further trades for that day. There are very good multi chart managers in Forex Factory but I do not know if such a script or manager exists or can be built for NT7.

Any help or leads would be very welcome. Thanks


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  #3 (permalink)
Experience: Intermediate
Platform: Ninja
Broker: Mirus/Zen
Trading: Futures - bonds, currencies, index
Posts: 288 since Oct 2010
Thanks: 70 given, 270 received

Try a seperate strategy with

AccountValue = GetAccountValue(AccountItem.CashValue)+GetAccountValue(AccountItem.InitialMargin);
AccountRealised = GetAccountValue(AccountItem.RealizedProfitLoss);
If the realised or value gets to your level, call

I think that last call might be unsupported. Alternatively, write a flag to a file and have each strat pick it up and close gracefully.

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