Enforcing Account management Limits

[vlc]

Is there a script , etc. I can add to my NT7 installation that allows me to define rules and limits such as max daily loss, max consecutive loosing trades, etc. and can shut-down live trading when the rules are breached?

[NinjaTrader_DaveI]

Hello,

There is not a way to automatically lock out all manual trading based on performance or account values, but you can halt an automated trading strategy based on these things. For more information on doing this in an automated strategy, please see the reference sample below:

http://www.ninjatrader.com/support/f...ead.php?t=4084

[Gecomaxx]

I would find it usefull too , maybe they can build this in in NT8

[Gecomaxx]

Is there a script , etc. I can add to my NT7 installation that allows me to define rules and limits such as max daily loss, max consecutive loosing trades, etc. and can shut-down live trading when the rules are breached?

[NinjaTrader_DaveI]

Hello,

There is not a pre-built automated strategy that I know of which is set up to do this, although it can be accomplished. The reference sample posted below will show you how to set this up in a NinjaScript strategy.