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Preserve Equity with Strategy Builder?
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Preserve Equity with Strategy Builder?
Is there a way within Strategy Builder to automatically stop trading if account equity drops below a specified amount (or if the cumulative net loss for the day exceeds a specified amount)?Tags: None
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Hello CalvinGlover,
The builder is unable to access account values like equity, It is possible check the PnL in the builder however that won't work for multi day trading when using the builder. The strategy builder includes the PnL for historical and realtime trades so once you go over the session the trades from yesterday are still included in todays value. You can manually code a strategy which can reset daily, there is a sample here:
To make a condition that uses the PnL you can compare the Strategy -> Realized PnL less than Misc -> Numeric value
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