Lock in Profit for Trading Day

[twitch]

Hi,

I currently have a few stratergies and I want to do the following:

Each day the strategy will trade as required per trade and when there is a total cumulative profit of 10 ticks for the day it will lock this in by only placing valid trades with the extra ticks.

For example:

Trade 1: +6 ticks
Trade 2 : +15 ticks

Total = 21 ticks.

The stratergy will now have 11 ticks to play with until it disables and locks this last 10 ticks for the day.

I do not think this has been done before, I cannot find a way to backtest this.

Thanks

[NinjaTrader_Joydeep]

Hello twitch,
Thanks for your post.

Unfortunately there are no native way to do it. You have to custom code your own NinjaScript strategy to do it.

[twitch]

Hi Joydeep,

That is a shame. How would I be able to track the profit/loss that was made in each trade?

Is there a way that I can call on the entry and the exit to get the difference?

Thanks

[NinjaTrader_Joydeep]

Hello twitch,
Thanks for the clarification.

You can use the TradeCollection class to do it. Please refer to our help guide to know more

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?tradecollection.htm

[twitch]

It seems you cannot record the profit/loss in ticks per trade from backtesting? Only in real time record the currency value?

I have tried to set a profit counter and once it gets over the currency value of 10 ticks to stop trading until the next day. This is done by resetting the profit counter to 0 when the time hits 2am for the next day.

However it is not working at present.

profitCount = The Performance.AllTrades.TradesPerformance.GrossProfi t + Performance.AllTrades.TradesPerformance.GrossLoss seems to not work as it does not want to reset to 0.

[NinjaTrader_Joydeep]

Hello twitch,
The trade collection will return value for individual trades in backtesting too.

A sample code will be like:

foreach (Trade trade in this.Performance.AllTrades)
{
	Print(trade.Entry.Price - trade.Exit.Price);
}

You may also refer to this sample code

http://ninjatrader.com/support/forum/showthread.php?t=4084