Instrument margin

[jalexan1]

hi. what's the strategy "code" for obtaining the amount of margin consumed by a contract for a futures instrument? e.g. I wanna buy 1 gold (GC) contract. how do I find out how much margin the broker is charging for that position?

[NinjaTrader_ChelseaB]

Hello jalexan1,

The margin must be reported by the broker to be able to call this.

Below is a link to a forum thread that shows what information items are available for each connection type.

http://ninjatrader.com/support/forum/showthread.php?t=5474

I'm not certain of this, but I think the Initial Margin is the metric you may be wanting. If the brokerage supports this metric, you can call this with:
GetAccountValue(AccountItem.InitialMargin)

http://ninjatrader.com/support/helpGuides/nt7/getaccountvalue.htm

[jalexan1]

Instrument Margin

Hi Chelsea:

thanks so much for the reply.

for the "GetAccountValue(AccountItem.InitialMargin)" method...

it doesn't look like it knows what instrument is being referred to.
it seems to only know about my account.
Unless the instrument is specified, "AccountItem.InitialMargin" doesn't mean anything, does it?
wouldn't the method also require specification of the instrument as well?

thanks

-- Jim Alexander

[NinjaTrader_ChelseaB]

Hello Jim,

The Account will be the account selected for the strategy in the strategy parameters.

When getting account information with GetAccountValue(), the instrument will not be used. This will be the account information, not the strategy information.

The primary instrument that is referenced by any script will be the instrument on the chart, or will be the selected for a strategy if adding a strategy directly to the Strategies tab of the Control Center.

[jalexan1]

thanks Chelsea : )

thanks so much
-- Jim : )