Daily profit target

[dexter_es]

I'm trying to stop a strategy for the day if a certain size win occurs without using (Bars.FirstBarOfSession)

It works fine on the first day except it just stops after hitting the first daily target and doesn't seem to be resetting each day.

I'm not sure what I'm missing here:

private int largestWIN = 0;
private int currDay = 0;


protected override void OnBarUpdate()
{
if(Time[0].Day != currDay)
largestWIN = 0;

if(Performance.AllTrades.Count > 0 && largestWIN == 0)
{Trade lastTrade = Performance.AllTrades[Performance.AllTrades.Count - 1];

if(lastTrade.ProfitPoints > 10)
{largestWIN = 1;
currDay = Time[0].Day;
}
}

if(largestWIN == 1)
return;

//entry stuff
}

[NinjaTrader_Joydeep]

Hello dexter_es,
It may be the case that the profit point of the last trade is < 10.

Please use the Print function to print our the values in the Output window (File>Output Window) and verify the values and see how exactly the strategy is behaving.

For more debugging tips please refer to this post which further discusses it.

http://www.ninjatrader.com/support/forum/showthread.php?t=3418

[dexter_es]

Thanks for getting back to me Joydeep.

I've used the print function and everything seems ok with the profit target, the strategy will trade everyday until the first time a trade hits the 10 point target and then it stops.

I think it may have to do with this part:

if(Performance.AllTrades.Count > 0 && largestWIN == 0)
{Trade lastTrade = Performance.AllTrades[Performance.AllTrades.Count - 1];

If I stop after a win then my last trade will always satisfy the condition that sets largestWIN = 1

I really need to have lastTrade = lastTrade only for the day and then reset after each day

[NinjaTrader_Joydeep]

Hello dexter_es,
In such scenario you have to either use Bars.FirstBarOfSession or reset the currDay

if(Time[0].Day != currDay)
{
largestWIN = 0; 
currDay = Time[0].Day;
}

[dexter_es]

that worked, thanks!