How to Plot Realized P&L on Chart in Seperate Pannel

[raker22]

Hi There,

I have recently come over from the Neoticker Platform where I was for many years and had got comfortable writing code and trading systems in their custom language called "Formula".
I am at a very basic level with Ninjascript and am getting slowly adjusted to it , but one of the simple functions in Neoticker was "plot := currentequity" . What this did was to plot the realized P&L of the trading system on the same chart but in a seperate panel .
What would the code be to insert ( or copy and paste) into my system to plot the realized P&L of my system on the chart but in a seperate panel .
Many thanks,
Tim

[NinjaTrader_JessicaP]

Hello raker22,

"Out of the box", you can add your indicator to a secondary panel, and then set the indicator's DrawOnPricePanel property to "true"

If you would like to draw on any other panel, you will have to write a "placeholder" indicator with a custom method like

NT7

[FONT=Courier New]private static Indicator refIndicator;
public static void DrawToMyTextFixed(string tag, string text, TextPosition textPosition, Color textColor, Font font, Color outlineColor, Color areaColor, int areaOpacity)
{
  if (refIndicator == null)
  {
    return;
  }
  refIndicator.DrawTextFixed(tag, text, textPosition, textColor, font, outlineColor, areaColor, areaOpacity);
}[/FONT]

NT8

[FONT=Courier New]private static Indicator refIndicator;
public static void DrawToMyTextFixed(string tag, string text, TextPosition textPosition)
{
  if (refIndicator == null)
  {
    return;
  }
  Draw.TextFixed(refIndicator, tag, text, textPosition);
}[/FONT]

Please let us know if there are any other ways we can help.

[raker22]

Thanks for that , but what would the complete code be to insert into my trading system , I have seen on another thread this code :

if (Position.MarketPosition != MarketPosition.Flat)
{
DrawTextFixed("PnL1", "Open PnL: " + Position.GetProfitLoss(Close[0], PerformanceUnit.Currency), TextPosition.TopLeft);
DrawTextFixed("PnL2", "Closed PnL: " + Performance.RealtimeTrades.TradesPerformance.Curre ncy.CumProfit.ToString(), TextPosition.TopRight);
}

Is this code correct for what I want and how do I input your part of the code..
thanks ,
Tim

[NinjaTrader_JessicaP]

Hello Raker,

This isn't so much a matter of code as it is a setting. DrawOnPricePanel = true, in Initialize, will cause DrawText to draw in the first panel. DrawOnPricePanel = false will cause DrawText to draw in an indicator's own panel. DrawTextFixed is not the method you want to use.

The only lines you will need to include in your trading system are

DrawOnPricePanel = false;

and

  refIndicator.DrawTextFixed(tag, text, textPosition, textColor, font, outlineColor, areaColor, areaOpacity);

keeping the above in mind.

Please let us know if there are any other ways we can help.

[raker22]

Thanks I will try that out