Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Is there a way to auto flatten all positions in Ninjatrader once the account reaches a certain amount of drawdown? Preferrably combining unrealized and realized pnl.
For example, my max drawdown is -$800 and I would like to flatten all positions once the realized + unrealized pnl is -$800 or greater.
Thanks,
Erfan.
Can you help answer these questions from other members on NexusFi?
All is possible in C#, but the question is not clear enough. The answer will be different if it's in a strategy or discretionary.
You can, for example :
- use NinjaTrader.Cbi.Globals.Accounts[].Executions to compute your P&L and unrealized P&L (with an OnPositionUpdate());
- write your last P&L in a flat file, and let a strategy read this file and do what needs to be done;
- read the Ninja database to compute the P&L for the day (or since X hours, ...).