This is a simple Opening Range Break Indicator that was designed to also work with Strategy Builder.
Functions:
- Highlights the Start and End Time of a period selected.
- Select a different Time Zone (Ensure that your computer and NinjaTrader times are the same).
- Has several signals that show where the breakout points are.
Signals for Strategy Builder:
- +1 = Break Above the UPPER range.
- -1 = Break Below the LOWER range.
- +2 = Break Above the LOWER range.
- -2 = Break Below the UPPER range.
The Range Plots are also usable on Builder if you wanted to create your own entry signals.
A video example of how to use them on Builder can be found here:
Description:
The PnL Monitor Add-On is a powerful risk management tool that automatically tracks your profit and loss in real-time and closes positions when user-defined thresholds are reached. Perfect for disciplined traders who want to enforce strict risk management rules.
Key Features:
- Real-time monitoring of realized and unrealized PnL
- Auto-flattening of positions when profit targets or loss limits are hit
- Supports multiple accounts with easy switching
- Customizable profit/loss thresholds
- Clean, intuitive interface integrated into NinjaTrader’s Control Center
How It Works:
- Select your trading account from the dropdown
- Set your desired profit target and loss limit
- The add-on continuously monitors your PnL
- Automatically closes all positions when thresholds are reached
Benefits:
- Removes emotion from trade exits
- Protects your account from excessive losses
- Locks in profits at predetermined levels
- Saves time by automating PnL monitoring