Help with coding related to accounts and risk management

[thehammer]

new to coding looking for the proper way for dealing account items. here is some if the examples ideas , any help would be appreciated



private int CalculatePositionSize(double accountBalance)

{

return (int)((accountBalance * RiskPercentage) / (StopLossDistance * RiskRewardRatio));

}




{

int positionSize = CalculatePositionSize(Account.Equity);

EnterLong(positionSize, "Long Entry", OrderType.Stop, High[0] + StopLossDistance * TickSize, 0, High[0] + (StopLossDistance * RiskRewardRatio) * TickSize, "");

}




protected override void OnOrderUpdate(IOrder order)

{

if (order.OrderState == OrderState.Filled)

{

if (order.IsLong)

{

double currentEquity = Account.Get(AccountItem.Equity);

double avgFillPrice = order.AvgFillPrice;

if ((currentEquity / avgFillPrice) / (currentEquity - avgFillPrice) < MaximumDrawdown)

{

ExitLong();

}

}

else

{

double currentEquity = Account.Get(AccountItem.Equity);

double avgFillPrice = order.AvgFillPrice;

if ((currentEquity / avgFillPrice) / (currentEquity + avgFillPrice) < MaximumDrawdown)

{

ExitShort();

}

}

}

}

}



Thanks !

[thehammer]

i was able to figure a few things out but still having problems with this section

{

double cashValue = Account.Get(AccountItem.CashValue, Currency.UsDollar);

int positionSize = CalculatePositionSize(cashValue);

EnterLong(positionSize, "Long Entry", OrderType.StopMarket, 0, High[0] + StopLossDistance * TickSize, 0, High[0] + (StopLossDistance * RiskRewardRatio) * TickSize, "");

}


getting this error message

No overload For Method 'EnterLong' takes 8 arguments

[DoctorPurpleApe]

Is your code part of a Strategy? Looking at EnterLong() reference, https://ninjatrader.com/es/support/h...ount_class.htm, you can use:
EnterLong()
EnterLong(string signalName)
EnterLong(int quantity)
EnterLong(int quantity, string signalName)

So it appears you are passing to many arguments.

[thehammer]

Thanks for the response and insight. Yes I was using it to build a strategy

I was able to fix it this way

{

double cashValue = Account.Get(AccountItem.CashValue, Currency.UsDollar);

int positionSize = CalculatePositionSize(cashValue);

EnterLongStopMarket(positionSize, High[0] + StopLossDistance * TickSize, "Long Entry");

}