Is there a function that allows you to block trading on the account?

[Goolden]

I am trying to create a strategy that will control losses and profits on the account and prohibit trading strategies in case of a daily loss.

[Tradeer]

Hi Goolden,

there is a free user app share. Maybe this will help you.

https://ninjatraderecosystem.com/user-app-share-download/daily-loss-profit-limit/

Credits to "algotrading".

Regards
Tradeer

[NinjaTrader_Kate]

Hello Goolden and Tradeer,

Thank you for your posts.

It's important to note a couple of things here. I wouldn't suggest the strategy that Tradeer posted, as it appears it just enters long or short randomly if the strategy is between the open and close times specified and then exits when it hits the loss or profit limit.

There's not a way to keep manual entries from being made after a certain PnL is reached. Generally strategies are self-contained, so the above could be used as an example of how to build a daily PnL limit into a strategy, but the strategy PnL isn't the same as the PnL for your whole account.

Here's an example of using trade performance statistics to stop a single strategy from trading that's a little easier to follow than the one Tradeer posted:

https://ninjatrader.com/support/helpGuides/nt8/halting_a_strategy_once_user_d.htm

If you're wanting something that will monitor the PnL for all strategies you're running on your account and stop after a specific Account PnL, such a project would likely be best made as an Add On so that not only would it not disable like a strategy but also that it could watch all account position, execution, and order events as needed.

Please refer to the following links for details on the items you will need to begin this project:

• Add On: https://ninjatrader.com/support/help...-us/add_on.htm
• Add On Development Education: https://ninjatrader.com/support/help...t_overview.htm
• Account: https://ninjatrader.com/support/help...ount_class.htm

If you would like to seek a third party to develop such an item for you I can have a member of our Business Development team follow up with a list of NinjaScript Consultants.

Please let us know if we may be of further assistance to you.