Strategy Builder - configure a profit target condition?

[MatthewLesko]

Does anyone know how I could run an automated strategy until profit hits $50.00 (total PnL?)? But stop running if we go negative $50.00?

[NinjaTrader_Kate]

Hello MatthewLesko,

Thank you for your post.

Yes, in the Strategy Builder you could create a set of conditions to check whether your realized PnL is greater or less than your values, and set a bool to control whether the strategy can enter again. I've created a simple strategy builder strategy that runs in real time only (please test with the Sim101 account on a live chart) and submits a long order with a stop and target if the current position is flat and a bool called OKtoTrade is true. When the strategy sees that the realized PnL is greater or less than the ProfitPnL or LossPnL, the bool is changed to false and the strategy will not enter further trades.

Please let us know if we may be of further assistance to you.