Limit to stop the strategy

[xasou]

Hi guys again,

Could anyone tell me ( I've searched a lot but seem I can't find it ) how I can make one strategy to stop whenever it goes up to 300$ limit of winning profit?


See that as an alternative trial method of strategies. I wanted to know if that can stop
whenever it reaches 300$ for example on profits.

[NinjaTrader_Bertrand]

xasou, please take a look at this reference sample here - http://www.ninjatrader-support2.com/...ead.php?t=4084

All available reference samples can be accessed from this link - http://www.ninjatrader-support2.com/...splay.php?f=30

[xasou]

Im gonna give it a try! Thanks a lot, I'll let you know what I've found!

I can put any part of that code included in the sample, in one of my custom strategies to try it out eh??

[NinjaTrader_Bertrand]

You're welcome - yes review the sample and the adapt your code as needed.

[xasou]

Hm, ok...
I am looking for the option: "Locking in realized profits after a certain amount of gains have been achieved during the trading session" right?

Sorry for the numerous questions but I am trying to do that correctly. I won't ask things twice don't worry I'm a fast learner and love trying new things

[xasou]

if (Performance.AllTrades.TradesPerformance.Currency.CumProfit - priorTradesCumProfit >= 300
                || Performance.AllTrades.TradesPerformance.Currency.CumProfit - priorTradesCumProfit <= -400
                || Performance.AllTrades.Count - priorTradesCount > 10)
            {
                
               return;
            }

Will that work for me? Does it stop now when the Profit reaches 300$?



Sorry for double posting

[NinjaTrader_Bertrand]

Yes, this is what this sample shows you, you would just have to tweak two things -

a) profit and loss thresholds where to stop trading
b) choose to include AllTrades or just the RealttimeTrades as noted in the commentary
c) number of trades after which to call it a day for the strategy, set to 10 in the sample

== yes your code below should do it, just give a try....

[xasou]

Hehe, Did it! Worked for me


Thanks a lot for the assistance & patience my friend!!

[xasou]

I was wondering, how is it possible to convert the USD to another currency? Euros or anything else for example?

[NinjaTrader_Bertrand]

The currency used would the the USD, you can convert of course your own limit into the equivalent USD value...

[xasou]

So I can't input to the code the way to make the strategy stop at 300 Euros or another currency eh?

[NinjaTrader_Bertrand]

Unfortunately not xasou.

[xasou]

Ok, I thought about it a little better and I understand now. Thanks a lot again