Overtrading, excessive drawdown and continuing to trade after reaching a daily loss limit are common problems for active traders. Our NinjaTrader Risk Management Assistant is now available completely free. The software works alongside NinjaTrader 8 and can monitor account activity, trigger alerts, and automatically respond when predefined trading limits are reached.
Control Your NinjaTrader Trading Risk
The Risk Management Assistant includes tools designed to help traders apply consistent account rules instead of relying purely on discipline.
- Monitor account drawdown
- Set profit and loss limits
- Lock an account from further trading
- Help prevent overtrading
- Close open, winning or losing positions
- Create account and trade activity alarms
- Receive pop-up, email, Telegram and voice alerts
The software can run on your trading PC or VPS and provides a dashboard that shows key account and trading information at a glance.
Download the Free NinjaTrader Risk Manager
Use configurable trading limits, account alarms and automatic actions to help control risk and reduce emotional overtrading.
Build Risk Management Into Your Own NinjaTrader Strategy
You may also want risk controls built directly into an automated NinjaTrader strategy. For example, you could define maximum daily losses, maximum trades per session, trading hours, drawdown rules or conditions that stop a strategy from opening new positions.
Xen AI for NinjaTrader provides a dedicated AI workspace for creating and modifying NinjaScript strategies and indicators. Describe the trading rules you want, work with existing source code and use AI-assisted build checking and repair as the strategy develops.
Build NinjaTrader Strategies with AI
Use Xen AI to create, modify, convert and repair NinjaTrader strategies and indicators using natural-language requirements and NinjaScript source code.
Good risk management can't eliminate trading losses, but automated limits can help ensure the rules you define are applied consistently.
