• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

CloseOnProfitTarget

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

    CloseOnProfitTarget

    Wondering if it is possible to take the code from the CloseOnDrawdown Indicator found in the Ninja 7 downloads and reverse engineer it to close on ProfitTarget instead.

    So using the same logic to shut down a strategy once X profit objective is realized for the day.

    Thanks,
    Duke
    Attached Files

    #2
    Hello JamesDuke, and thank you for your question. Your approach is definitely feasible. I am going to include an emphasized code excerpt and a relevant helpguide page which I believe will aid you in putting together this strategy.

    Code:
    
                            if (!closing)
                            {
                                profitLoss = pos.GetProfitLoss(Close[0], 0);
                                btnActivate.Text = (drawdown + profitLoss).ToString();
                                textChanged = true;
    
    // JDP Mon Sep  5 11:18:59 MDT 2016
    // I believe if you change -drawDown to a static value
    // to compare profitLoss to, this strategy will work
    // the way you would like
                                if (profitLoss < -drawdown)
                                {
                                    closing = true;
                                    pos.Close();
                                    Log("Max drawdown of " + drawdown + " reached and canceled all orders from " + pos.Instrument, LogLevel.Alert);
                                }
                            }
    http://ninjatrader.com/support/helpG...=getprofitloss

    Please let us know if there are any other ways we can help.
    Jessica P.NinjaTrader Customer Service

    Comment


      #3
      I do not know how to do that. I do not know how to code... that's why I am asking for help.

      Can you tweak the code for me?

      Comment


        #4
        Hello,

        While we are unable to code for you, our NinjaTrader Ecosystem does support quite a few NinjaScript Consultants who would be happy to further assist you. You can view NinjaTrader Ecosystem's supported NinjaScript consultants at the following link:






        You can locate the contact information for the partner on their direct webpage for any additional questions you may have. Since these partners are third party add-ons for NinjaTrader all pricing information will need to be obtained through the partner.


        Please let me know if you have any additional questions.


        Have a great day!
        JuanitaNinjaTrader Customer Service

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by Ilpropio, Today, 09:45 PM
        0 responses
        2 views
        0 likes
        Last Post Ilpropio  
        Started by Revan, Today, 05:44 PM
        1 response
        13 views
        0 likes
        Last Post NinjaTrader_Marco  
        Started by superg3, Today, 07:57 PM
        0 responses
        3 views
        0 likes
        Last Post superg3
        by superg3
         
        Started by Longhornmark, Today, 07:06 AM
        5 responses
        35 views
        0 likes
        Last Post nkhoi
        by nkhoi
         
        Started by bomberone3, Today, 02:59 PM
        1 response
        4 views
        0 likes
        Last Post NinjaTrader_ChrisL  
        Working...
        X