Hi Everyone,

I'm looking for a NT8 Add on, Strategy, or anything that can limit daily profit and/or stop loss for my strategies. It would also have to reset for the following day automatically after a limit was reached.

I know this can be coded into an existing strategy, but I'm looking for more of a universal option that I can use with multiple strategies.*

I've tried using the Strategy Builder to accomplish this.. but no luck.**I'm trying to avoid hiring someone to add this feature every time I make a new strategy.

Has anyone seen something like this before? Any pre-built options out there? Any suggestions would be greatly appreciated.*

Thanks

Brad T 

Hi Everyone, I'm looking for a NT8 Add on, Strategy, or anything that can limit daily profit and/or stop loss for my strategies. It would also have to reset for the following day automatically after a limit was reached. I know this can be coded into an existing strategy, but I'm looking for more of a universal option that I can use with multiple strategies.* I've tried using the Strategy Builder to accomplish this.. but no luck.**I'm trying to avoid hiring someone to add this feature every time I make a new strategy. Has anyone seen something like this before? Any pre-built options out there? Any suggestions would be greatly appreciated.* Thanks

@Brad T, take a look at Discipline Manager:
https://tremper.com/disciplinemanager.php

Discipline Manager© is designed to allow you to set your own hard daily and weekly drawdown limit along with your goals. If your hard drawdown limits are hit, you're done for the day and/or week with new trades not allowed. Once your daily or weekly goal is hit, you can continue to trade but never giving back more than your set percentage or dollar amount of your goal, and if hit, you're done for the day/week. This is called your Dynamic Drawdown Limit based on your account high for the day and week. Warning boxes will be displayed when your thresholds are breached.