Auto close all positions if loss >$50

[Rheiverson]

How do I make this indicator:
If my Loss is greater than $50, close all open positions.
Thanks

[NinjaTrader_ChelseaB]

Hello Rheiverson,

From an indicator you will need an account object. From this you can use <Account>.Get() with AccountItem.RealizedPnL and .UnrealizedPnL.

private Account selectedAccount;
// in State.DataLoaded
selectedAccount = Account.All.FirstOrDefault(a => a.Name == "Sim101");

// in OnBarUpdate() or other market data driven method
double currentPnL = selectedAccount.Get(AccountItem.RealizedProfitLoss, Currency.UsDollar) + selectedAccount.Get(AccountItem.UnrealizedProfitLoss, Currency.UsDollar);

if (currentPnL <= LossLimit)
{​// Close all open positions
selectedAccount.Flatten(selectedAccount.Positions.Where(pos => pos.MarketPosition != MarketPosition.Flat).Select(pos => pos.Instrument).ToList());

Print(string.Format("{0} | Closed all positions due to exceeding loss threshold.", Core.Globals.Now));​
}

[Rheiverson]

Thank you very much