Portfolio Stops / Position Sizing

[GrumpyTrader]

Assuming you have multiple automated strategies across multiple instruments, how would one implement the following in NT7:

a) Sizing algorithm where you don't take a trade in an automated strategy based on your current portfolio position (max portfolio exposure has been met)?

b) Portfolio Stop - reduce exposure across strategies after a certain portfolio loss has been exceeded?

[NinjaTrader_DaveI]

Hello,

To access your account value, you can use the GetAccountValue() method. This will give you real-time account value data, so you will need to track the changes within each session in each script that you run.

http://www.ninjatrader.com/support/h...countvalue.htm

Alternatively, you can also check trade performance within your script, to limit your strategy to a certain level of loss. We have a reference sample available that will show this in action:

http://www.ninjatrader.com/support/f...ead.php?t=4084