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