What is the profit of a position

[verge]

I have a strategy to which I now want to add money management. I basically want to enter with 4 contracts and then sell 2 when I am up a certain profit in the position.

I have looked at the reference samples and have search the board but could not find a good example.

I cannot use the setprofittarget because the last 2 contracts (letting the winner run) is excited with a normal exitlongstop which is never called when I use setprofittarget.

I have found stuff about the "position" object that has something that could be use to get profit but that seems to be when multiple instruments are traded

Regards

Verge

[NinjaTrader_JoshP]

Verge,

Perhaps this reference will help you: http://www.ninjatrader-support2.com/...ead.php?t=4084

[verge]

Looks like I need to use TradesPerformanceValues Class

Josh

As always - thank you for the lighting reply.

I have had a look at that reference sample. It shows how to calculate the accumulated profit for the session.

I am not sure how to change it to look at only the profit of the trade I am in at a certain point. Maybe a good idea for another reference sample?

Regards

Verge

[NinjaTrader_JoshP]

If you want the unrealized PnL of a trade you are currently in please use this: http://www.ninjatrader-support.com/H...rofitLoss.html

[verge]

Can getprofitloss be used in multitimeframe

Great

I will use it. Is there a way to use it in a multitimeframe strategy. I am using multitimeframe in my backtest so that I am not forced to use close[0] in the time frame that I am trading in - similar to the reference sample called something like "intrabartesting"

Now that I think about it - is it as simple as including the getprofitloss in the if barsinprogress ==1 section of my code?

Regards

Verge

[NinjaTrader_JoshP]

Yes, just use it in the BarsInProgress context you want to use.