Daily Loss/Profit Limit

This strategy will close any open positions and stop trading for the current day if your daily P/L reaches a set negative or positive value.

There are simpler ways to accomplish a daily PL limit if you stop and restart your strategy every trading day, but those ways don't always work when back testing over multiple days – this way does.

More info and instructions here.

Created By algotrading
NinjaTrader Version 8
File Size 2.1 KB
Create Date 07/31/2018
# of Downloads 2778

Importing to NinjaTrader 8 is Easy!

To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:

  1. Download the app or add-on file to your desktop
  2. From the NinjaTrader Control Center window, select the menu Tools > Import > NinjaScript Add-On…
  3. Select the downloaded file from your desktop

Questions?

Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.