Stop Loss for overall trades

[mikehoustonmsu]

I am trying to figure out how I can set up my settings so that all my strategies will stop if my overall daily loss reaches a specific point. For example...If I want to stop trading completely for the day if my overall loss for the day has reached $500 and I have four strategies running, how do I program it so all four strategies will then stop trading? Basically is there a way to say if my daily loss reaches $xxx, then stop trading completely.

Thanks.

[NinjaTrader_RyanM1]

Hello Mikehoustonmsu,

You can see this article on Halting a Strategy Once User Defined Conditions Are Met.

Unfortunatley there isn't a supported way of dealing with the cross communication needed when running multiple strategies. You will have to look into a C# solution for this; Possibly through the use of global variables or writing to a file.