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-   -   Strategy: Stopping a strategy after consecutive losers (http://www.ninjatrader.com/support/forum/showthread.php?t=19289)

NinjaTrader_JoshP 08-03-2009 07:26 AM

Strategy: Stopping a strategy after consecutive losers
 
2 Attachment(s)
Trending days or ranging days can make or break a strategy. If you have a system that does extremely well on trending days, you may look for a way to turn that system off during range-bound days. A simple filter you may use could be something like, "If the last three trades were consecutive losers, stop trading for the rest of the session

Key concepts in this example:
  • Obtaining previous trade information to decide whether or not to keep trading for the day

Important related documentation:

NinjaTrader 8
* This reference sample uses the .AllTrades property. This property will include all historical virtual trades as well as real-time trades. If you wish to only make calculations based on real-time trades you can use the .RealtimeTrades property.


NinjaTrader 7
Import instructions:

NinjaTrader 8
  1. Download the file contained in this thread to your PC desktop
  2. From the Control Center window, select the menu Tools > Import > NinjaScript
  3. Select the downloaded file

NinjaTrader 7
  1. Download the file contained in this thread to your PC desktop
  2. From the Control Center window, select the menu File > Utilities > Import NinjaScript
  3. Select the downloaded file and click Import.


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