deactivate strategy
I built a crossover strategy using strategy builder. I then now want the strategy to stop taking trades when the P&L reaches $2000 for example. Can someone please help me out?
Thanks!
Thanks!
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Hello Sharkclub,
Thanks for your post.
You could implement a Daily Profit Limit or a Daily Loss Limit within your NinjaScript strategy.
The Strategy Builder custom series can be used with offsets to do math and subtract the total PnL from yesterday's PnL to get the current PnL and provided an example of how to set a Daily Loss Limit using the Strategy Builder. You could implement similar logic in your script to add a Daily Profit Limit to your strategy.
Please see the example script, DailyLossLimitBuilderExample, in the forum post linked below for how this would be accomplished.
https://ninjatrader.com/support/foru...limit-examples<span class="name">Brandon H.</span><span class="title">NinjaTrader Customer Service</span><iframe name="sig" id="sigFrame" src="/support/forum/core/clientscript/Signature/signature.php" frameborder="0" border="0" cellspacing="0" style="border-style: none;width: 100%; height: 120px;"></iframe>
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