Can I trace Floating Drawdown ?

[MohammedAmine]

Hello NT Team,

in Trade summary I see Max. Drawdown only if my positions hit stoploss, but I wana track on real time the drawdown value even if it is floating, because all brokers liquidate all positions if ew have a margin call, so i need to get a warning before that happens.

is there any settings to showcase floating drawdown on the summary report ?

Thank you

[NinjaTrader_ChrisL]

Hi Mohammed, thanks for posting.

The Max Drawdown will need to be calculated once a trade has been entered. You can do this by monitoring the value of CashValue e.g.
Account.Get(AccountItem.CashValue, Currency.UsDollar);

Kind regards,
-ChrisL

[MohammedAmine]

Hello Chris,

sorry for delay, I just came back checking again for a solution to this "Real" problem, because now i'm trying to optimize my strategy, and I need to optimize for Min. DD % but in ninjatrader, as I see, it consider that it is a drawdown only when we close a trade, but you know that floating DD is as well a DD that can burn your account, so we need to optimize for it as well.

so how it is possible to add this to NT8 optimizer ?

also can we optimize for Min ETD because i don't see it there ?

Thank you

[NinjaTrader_ChrisL]

Hi Mohammed thanks for the follow up. Your script would need to calculate running DrawDown on its own using a 1 tick series to be able to calculate the running DrawDown on every tick. There is not an average ETD Optimization Fitness script by default, one would need to be created to optimize the strategy on this value.

Kind regards,
-ChrisL