halt trading after x consecutive losses

[diffused]

Hi,

is there any way to get a strategy to stop trading for the day (and only the the day) after x consecutive losses?

[NinjaTrader_Bertrand]

Hi diffused, you can check this reference sample for this - http://www.ninjatrader-support2.com/...ead.php?t=4804

[heyligerb]

How do you know a strategy has halted. Does it "stop" in the strategy window, or does it simply stop processing orders?

[NinjaTrader_JoshP]

It just stops trading. It will still show up in the Strategies tab as ON though.

[heyligerb]

I see... if there anyway to stop the strategy?

[NinjaTrader_JoshP]

Unfortunately you have to do that manually..

[BigDog008]

simplest way is to insert a print statement... something like

Print ("Strategy Halted" + "    " + "P&L is:" + " " + Performance.RealtimeTrades.TradesPerformance.Currency.CumProfit + "    " + "Number of trades is:" + " " + Performance.RealtimeTrades.Count)

can add a timestamp or something to let you know what time the halt command was sent too

[CactusMo]

This reference sample (http://www.ninjatrader-support2.com/...ead.php?t=4804) outlines halting a strategy only after a certain profit or loss target is met. Is there a reference sample that outlines halting a strategy after a number of trades are made? For example, After 5 trades for the day, halt strategy.

[NinjaTrader_Bertrand]

Welcome to our forums - yes you could check for example into the SampleTradeLimiter script offered here - http://www.ninjatrader.com/support/f...ad.php?t=19182