cumulative profit

[shanemcdonald]

hi
How can I apply this code to stop trading each day when profit is reached and then restart for next day.

protected override void OnBarUpdate()
{
// If the profit on real-time trades is > $1000 stop trading
if (Performance.RealtimeTrades.TradesPerformance.Curr ency.CumProfit > 1000)
return;
}




thanks
shane

[NinjaTrader_Bertrand]

Hi Shane, I would suggest checking into this more complete sample here on the topic raised - http://www.ninjatrader.com/support/f...ead.php?t=4084

[shanemcdonald]

I have rad all of that

just wondering what time frame it considers.
Does it reset daily , weekly or perhaps never restarts trading.

Once the limit is reached and it stops trading, at what point will trading resume ?

there is no reference to this in any of the documentation

[NinjaTrader_Bertrand]

Hi Shane, this is done on a per session basis. Code wise the reset is done at your OnBarUpdate start with

if (Bars.FirstBarOfSession)

[shanemcdonald]

Thanks Bertrand !

I wasnt sure about that.

Thank you very much for the prompt reply,

shane