Need Daily Stop loss limit, broker IB

[caltrader]

For discretionary trades, is there a way to set daily stop loss limit based on the amount of money lost or number of trades taken?

It used to be with Infinity they offered daily loss limit but Interactive Brokers does not. Is there such feature in NT that would stop executing any orders for flatten everything and stop until next trading day?

[NinjaTrader_Kyle]

Hello caltrader,

Thank you for your post.

Unfortunately, NinjaTrader does not include this type of feature. This is something which could be added through custom programming however.

[caltrader]

can you provide any samples of such code or feature?

[NinjaTrader_CodyB]

Hello,

Please see the following link on a reference file that covers using Trade Performance Statistics for Managing the Account.
http://ninjatrader.com/support/forum...ead.php?t=4084

If we can be of any other assistance please let us know.