Flatten everything when maximum unrealized loss reached

[er111222]

Hi,

I like to Flatten everything when unrealized loss reach $500, does the following code do the job?

if (Position.GetProfitLoss(Close[0], PerformanceUnit.Currency) <= -500)
				Disable();

[NinjaTrader_Bertrand]

er111222, this would disable the strategy if the open position pnl is equal or below your -500. It would not flatten the positon, a programmatic Flatten Everything like we have from the File menu would not be supported unfortunately. You could send a market order from your strategy though via ExitLong/ExitShort to exit the position, which will transfer to the account provided it's in sync to the strategy.

[koganam]

Hi,

I like to Flatten everything when unrealized loss reach $500, does the following code do the job?

if (Position.GetProfitLoss(Close[0], PerformanceUnit.Currency) <= -500)
                Disable();

Use with the usual caveats about unsupported, undocumented code. ref: http://www.ninjatrader.com/support/f...16616#poststop