Account Size

[takeiteezzy]

Hi,
I'm looking to develop a strategy to trade with a MBTrading account. I was wondering if it is possible to size my positions based on my total account size. Say risk 2% of my account for every trade. I can't seem to find a function for NinjaScript that will give me a double indicating the money I have in my account.

[NinjaTrader_JoshP]

takeiteezzy,

Accessing account information will be available in NT7. In the meantime you can use AccountSize to determine what that 2% should be from a strategy position basis.

[takeiteezzy]

Thanks Josh,
I have another question. If I want to have a variable "Unit" which is equal to (1% of account)/(ATR * Dollars per point). How would I do that since in Forex, a point recommends different currencies in different pairings.

[NinjaTrader_JoshP]

You can access the point value of your instrument through this: http://www.ninjatrader-support.com/H...ointValue.html

[takeiteezzy]

I'm not sure PointVal. is what I want though since EURUSD seems to have a PointVal of 100000 and so do most other non JPY pairs. What I meant was 1 pip for EURUSD is 10 Euros which is roughly equal to 14.144. Since the USD vallue is different for each pair and some require conversion and others don't, 14.144 is the number I want to be given automatically.

[NinjaTrader_JoshP]

You will have to do the conversion yourself.