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NT Auto-liquidate Indicator?


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  #1 (permalink)
jeffdew
Amsterdam, Netherlands
 
Posts: 2 since Apr 2021
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Hi,

I'm looking for a Ninjatrader indicator that shows the*auto liquidate threshold for an account on the chart in realtime. Ideally with a line on the chart that automatically moves/updates while changing the position size.

and/or

An indicator that shows the loss at a certain price point on mouse click or cursor hover, depending on current position size.


Does anyone know about such an indicator? Or know how the make one?


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  #2 (permalink)
 jmont1 
New York, NY
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader8
Broker: Data = Rithmic -- Gives 70 Level II Data
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
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If you open a SuperDom it has a column you can .add showing the PnL at each level.



The auto liquidate is a tricky number to calculate on Apex. It goes by the highest ask while in the trade. So if get out 1 tick below the current price, you may have a few ticks more in the highest number. That price action is not captured anywhere in Ninja, only in Rithmic. Rithmic has an option to output a CSV file every XX seconds. So if you open that file you can calculate the available margin.


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