Realized PnL in the strategy builder

[marketraisen]

So what does this do?

Because what it doesn't do when its added is place any trades at all, no matter what settings are chosen within it (currency, percent, ticks etc) and it also doesnt seem to return any useful searches via google for more information on it.

The most intuitive way to use the thing would be to set it to only enter trades if the Realized PnL (either of a strategy or an account) is over or under a numeric threshold in whatever unit you choose in the strategy builder menu (for example- realized pnl, currency, less than, numeric value 200, sounds like if the realized pnl is over 200 currency, it should return false and return true if the realized pnl is less than 200).

As I say I have searched pretty hard on this one and have come up blank, which is pretty wild given I've been using ninjatrader for months and have built dozens of complex strategies in the builder or directly in ninjascript itself and at no point has searching for an answer come up short before now, on problems that on the surface at least appear like they should be far more complicated to get around.

[NinjaTrader_Jesse]

Hello marketraisen,

Realized PnL is the PnL for completed trades that the strategy has made. The value would initially be 0 and would then go up or down depending on the trades that the strategy makes.

To use PnL in the builder you also need to account for historical trades, you can find an example of using pnl here: https://forum.ninjatrader.com/forum/...er#post1203124

[marketraisen]

Hello marketraisen,

Realized PnL is the PnL for completed trades that the strategy has made. The value would initially be 0 and would then go up or down depending on the trades that the strategy makes.

Is that between enables? All time? Calendar days?
I have tried setting the strategy to have a condition that the time has to be past a certain point, only loads the current day, on a fresh sim account, so that no historic trades should be in whatever its counting towards realized pnl and yet no trades are triggered when setting the Realized PnL to Currency and for it to be below a numeric value.

Hello marketraisen,

To use PnL in the builder you also need to account for historical trades, you can find an example of using pnl here: https://forum.ninjatrader.com/forum/...er#post1203124

I'll check it out.

[NinjaTrader_Jesse]

Hello marketraisen,

That is for the historical + realtime trades while the strategy is enabled and is reset each time you restart the strategy.

The sample that I had linked shows the correct way to account for historical trades and shows how to use the PnL value in a condition.

[marketraisen]

Hello marketraisen,

That is for the historical + realtime trades while the strategy is enabled and is reset each time you restart the strategy.

The sample that I had linked shows the correct way to account for historical trades and shows how to use the PnL value in a condition.

Yes I am tinkering with it now so that rather than stopping at a daily loss, it stops at a daily profit target.

Thank you