Is It Possible To Build And Backtest Money Management Rules Into Your Backtest

[Tomhgriff1]

Hi,

Is it possible to build and backtest money management rules into your strategy? Basic things like "for every $xxxx in my account add 1 extra futures contract" or "if last trade was a loser cut lot size by 1" etc.

I suppose this would mean having to unlock the code and write it in c# as opposed to the Strategy Builder?

Many thanks

Tom

[NinjaTrader_PaulH]

Hello Tomhgriff1,

Thanks for your post.

The strategy builder is limited in what can be done and I would agree it would be best to unlock your code and work directly in NinjaScript which are C# written methods and properties.

To determine last trade win/loss, you would check system performance, please see example #1 here: https://ninjatrader.com/support/help...collection.htm

To determine account value, please see: https://ninjatrader.com/support/help...itemupdate.htm

Please note that an option would be to hire a 3rd party programmer, if this is of interest we can provide a reference link to 3rd party programmers that work in Ninjascript strategies.

[Gralasidys]

Thank you for sharing the solution.