simple utility needed

[eventrader]

I need a simple utility that connects to nt dynamic dome or directly to ib, monitors the unrealized loss in real time for every open position, if the unrealized loss on any open position exceeds a user defined $ number, a market order is transmitted to close the entire position and all open orders for the position are cancelled.

Has anyone written such a utility? If yes, please share or guide me how to implement this.

Will nt cosider including this in the next version?


If you are a freelacer andinterested,please feel free to quote a price

[NinjaTrader_ChristopherJ]

Hello eventrader,

Thank you for your post.

Unfortunately this feature is not available by default within the ATM Strategy portion of the NinjaTrader platform. I will however forward this to our development team for future considerations.

Other users or programmers may have some input on how to achieve this with custom programming.

You may also create a strategy within the Strategey Wizard and tell the trade to exit after a specific amount of profit or loss.

I have provided a link below to our Online Video Library which has a section dedicated to the Strategy Wizard.

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?VideoLibrary

Please let me know if I may be of further assistance.