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Daily or session based profit/loss trigger

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    Daily or session based profit/loss trigger

    I’m wondering if anyone can provide an example of a best practice way to implement a daily loss/profit switch that will restrict trading for the rest of the day after hitting a specified profit/loss amount. Most of what I’ve seen or tried has involved the OnExecutionUpdate method but just curious if anyone has any better/simpler methods.

    Thanks!

    #2
    I don't know about OnExecutionUpdate, but I found this post from Customer Service that has examples. It seems they use OnPositionUpdate, which makes sense.

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