For example if my per trade position size is 10points total, and I want to trade 5 contracts, it automatically sets the stop to 2 points for all 5 contracts?
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Automatic position sizing?
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Automatic position sizing?
Is there a way to quickly set the number of contracts I trade and automatically position size?
For example if my per trade position size is 10points total, and I want to trade 5 contracts, it automatically sets the stop to 2 points for all 5 contracts?Tags: None
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Hello jtrading82,
Thanks for your post.
No, there are no options in NinjaTrader 7 for automatically calculating your stop loss orders based on the position size and the number of contracts being traded.
This would require programming your own custom NinjaScript strategy with custom logic that calculates stop-loss orders based on your position size and the number of contracts.
Please let me know if I may assist further.Brandon H.NinjaTrader Customer Service
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