Forex Margin / Risk

[reach4thelasers]

Hey there

I've entered FXCM's margin requirements for my account into the Risk window.

How can I access this info from Ninjascript? I would like to know how much margin a position will take up before it gets submitted and also keep track of available account margin.

Thanks

Kevin.

[NinjaTrader_AlanP]

Hello Reach4thelasers,

Thank you for writing in.

You could use the following which will give you the initial margin of the instrument the strategy is applied to,

Risk.Get("NinjaTrader Brokerage Default").ByMasterInstrument[Instrument.MasterInstrument].InitialMargin;

I have attached a sample strategy which will check that your account value is greater than initial margin and if so, will submit a buy order.

Please let us know if you need further assistance.

[GTBrooks]

Hello,
I have a similar issue. I am trying to get the initial margin for a strategy I am trading on a given instrument. After the last Update my FOREX.com account lost the ability to set a Risk Template. So, I can not use “NinjaTrader Brokerage Default” as the input Risk Template.

Can I accomplish this task by stating

double GTBinitialMargin = ByMasterInstrument [Instrument.MasterInstrument ].InitialMargin;

?

[NinjaTrader_ChelseaB]

Hello GTBrooks,

Risk templates cannot be applied to live accounts.

Account values for funded brokerage accounts are received directly from the connected broker if that account value item is provided by that brokerage connection type.

Below is a link to a forum post that lists the account values provided for each brokerage type.

https://ninjatrader.com/support/forum/forum/ninjatrader-7/platform-technical-support/5625-brokerage-account-balances#post5625

Forex.com does not provide a AccountItem.InitialMargin value.

https://ninjatrader.com/support/helpGuides/nt8/en-us/accountitem.htm

https://ninjatrader.com/support/helpGuides/nt8/en-us/get.htm

This means you would need to contact your broker to obtain this information and then manually code this into your script or create an input.