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Is there a way to auto flatten all positions in Ninjatrader once the account reaches a certain amount of drawdown? Preferrably combining unrealized and realized pnl.
For example, my max drawdown is -$800 and I would like to flatten all positions once the realized + unrealized pnl is -$800 or greater.
Thanks,
Erfan.
Can you help answer these questions from other members on NexusFi?
All is possible in C#, but the question is not clear enough. The answer will be different if it's in a strategy or discretionary.
You can, for example :
- use NinjaTrader.Cbi.Globals.Accounts[].Executions to compute your P&L and unrealized P&L (with an OnPositionUpdate());
- write your last P&L in a flat file, and let a strategy read this file and do what needs to be done;
- read the Ninja database to compute the P&L for the day (or since X hours, ...).
