Integrating A Daily Stop-Loss Into My Strategy Script (Ninjatrader 8)

[RoswellTrader]

Hi there,

I was wondering if anyone could refer me to a discussion or possibly a template script,
demonstrating how to integrate a daily stop loss into my Ninjatrader 8 strategy script.

I'd like to set it up so that if my strategy loses $1200 or more in one day, it deactivates the strategy until the following session/day.

Any help would be greatly appreciated, thanks

[NinjaTrader_ChelseaB]

Hello RoswellTrader,

Below is a link to an example of a DailyLossLimit you may find helpful. You can design similar logic for your strategy.

https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/93881-daily-loss-limit-examples#post93881

[RoswellTrader]

Thank you Chelsea!