NinjaTrader Risk Manager Drawdown Question

kbojonny

This question is in regard to the drawdown risk setting on the Ninjatrader Risk Management Assistant. When trading futures and choosing ticks, how does one set a drawdown risk alert using the unrealized balance? Looking for it to act as a trailing drawdown alert.

Does one of the current margin options work? I have tried the default "excess intraday" and the drawdown seems to be calculated after all trades are closed. (realized PnL)

Or perhaps using the "net profit losing more than" setting and allowing that number to trail the unrealized PnL??

https://clickalgo.com/ninjatrader-risk-management

Thanks

-KBJ

Sophia

Hi, KBJ, the Drawdown Risk Exceeds alarm works when hen the account equity drawdown level is greater than the % value set. There is no feature for unrealized balance, but you could post a suggestion for a future update.

You can find more customer questions about this product here.

clickalgoman

I do own this product and haven’t used in a long while. I had to reinstall using NT’s 3rd party but cannot remember how to start the risk manager. Was previously using % drawdown but tough in volatile markets like crude oil lately.