Daily Max Profit/Loss Limits Now Available in CrossTrade Pro

[crosstrade]

Hi everyone,

We received your requests for daily maximum profit and loss limits within CrossTrade and we heard you.

We want to let you know that CrossTrade Pro with Active Account Management (AAM) now includes the functionality to set daily profit and loss limits on your connected broker accounts.

Specifically, in addition to fully automated trading through TradingView webhook alerts, with AAM you can:

• Define Daily Profit and Loss Targets per Account: Set specific monetary limits for both profit and loss on each individual trading account connected through CrossTrade Pro.
• Automate Actions Upon Reaching Limits: When a daily profit or loss target is reached, the system can be configured to:
  • Halt Further Trade Execution: Prevent new orders from being placed on that account for the remainder of the trading day.
  • Flatten All Open Positions: Automatically close all existing trades on the account.
  • Block Alerts: Stop all inbound webhooks when these thresholds are triggered.
• Customize Trigger Conditions: You can configure the system to react to either profit targets, loss targets, or both. The calculation can be based on total P/L (realized and unrealized) or realized P/L only.

This feature is particularly relevant for prop traders who need to strictly adhere to daily profit and loss requirements set by their firms. AAM allows for automated enforcement of these limits, reducing the risk of breaching your firm's rules.

For a comprehensive overview of Active Account Management and its features, please refer to our recent blog post:

This post details the capabilities of AAM, including:

• Real-time Intraday P/L Monitoring.
• Flexible trigger configurations for profit and loss limits.
• Automated end-of-day flattening.
• Customizable alert behaviors.
• An intuitive dashboard for managing account settings.

CrossTrade Pro with Active Account Management provides a direct solution for managing your daily profit and loss requirements, automating a critical aspect of risk management for professional traders.

If you have any further questions about this functionality, please don't hesitate to ask.

The CrossTrade Team

[NinjaTrader_ChelseaB]

Hello crosstrade,

Unfortunately, I've had to remove the link from your post.
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