Addons and UnrealizedProfitLoss real time value

[juartur]

Hi team,

I have an Addon monitoring a specific account. I register to account events on both AccountItem and PositionUpdates to listen for account value changes.

I am interested in getting the real time unrealized value, but AccountItem.UnrealizedProfitLoss and position.GetUnrealizedProfitLoss() donīt seem to provide real time changes of the account, or at least not for UnrealizedProfitLoss values.


How can I get the UnrealizedProfitLoss value in Real Time using an addon (not in a strategy)?

If you can provide an example on how to do this would be really nice.

Thanks!

[NinjaTrader_Jesse]

Hello juartur,

If you are using OnPositionUpdate from the account that specifically does not provide a position object and generally would not be a good location to drive realtime updates. You could insead run logic in OnBarUpdate if you wanted to continuously get realtime values.

In normal addon use cases you would use the OnPositionUpdate event and use the values it passed in. The average price is passed in which you would then store to a variable so you can at any point recalculate the pnl based on that price.

https://ninjatrader.com/support/helpGuides/nt8/positionupdate.htm

For example for position update events you would use the PositionEventArgs object:

private void OnPositionUpdate(object sender, PositionEventArgs e)
{
    // Output the new position
    NinjaTrader.Code.Output.Process(string.Format("Ins trument: {0} MarketPosition: {1} AveragePrice: {2} Quantity: {3}",
e.Position.Instrument.FullName, e.MarketPosition, e.AveragePrice, e.Quantity), PrintTo.OutputTab1);
}

[juartur]

Hi Jesse

Thanks for your prompt reply.

So OnPositionUpdate isnīt the place to catch realtime updates in an addon, therefore OnPositionUpdate cannot be used for that purpose either.

I suppose I can also use OnMarketData() in the addon to get on tick updates, but how do I get the realtime unrealized value of the account? do you have an example of that?

Correct me if Iīm wrong but I understand that within a strategy you define a specific account and it is not possible to get real time updates of other accounts in the same strategy, at least I couldnīt make that work. For that reason I try to use an addon to get the real time updates of say 2 different accounts.

If itīd be possible to get updates of different accounts in the strategy itself then great, but is it?

Thanks

[NinjaTrader_Jesse]

Hello juartur,

OnPositionUpdate gets the position update events when something changes, while you can observe changes in realtime its not going to provide continuous updates to keep a value updated. If you wanted to do that you need to use a method that is called frequently like OnBarUpdate or OnMarketData and then use a position object and its GetUnrealizedProfitLoss method or store the average price you had observed in OnPositionUpdate and manually calculate the value.

You can use the Account.Get method to get account values, you would use that logic from OnBarUpdate or OnMarketData to get continuous updates. https://ninjatrader.com/support/helpGuides/nt8/get.htm

Strategies can only operate on 1 account at a time so an indicator could be used with the addon framework if you wanted to make a tool that uses more than one connected account.