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TradeLock: Daily Loss Limiter
TradeLock: Daily Loss Limiter
TradeLock is a powerful NinjaTrader AddOn designed to help traders maintain discipline and protect their capital. Developed with actual traders, it works by monitoring real-time PnL across all accounts, TradeLock trails your highest unrealized PnL and adjusts your trailing daily loss limit as needed to keep you from blowing accounts. Once the limit it hit, it automatically closes positions and locks trading activity.
Choose from lockout unlock modes:
- Default 6pm & 6am unlocks. This is the standard and will run behind the scenes no matter what.
- X minutes: set a certain amount of minutes to be locked out for.
- Specific time: set a specific time you want to unlock at if you do get locked.
TradeLock offers the option to add a daily take profit target as well. If this target is realized, all accounts will be locked until the next unlock time.
Whether you're managing personal trades or overseeing multiple accounts, TradeLock enforces your rules with unmatched reliability.
Key Features:
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Real-Time PnL Monitoring
Continuously checks live profit and loss across the lead account. -
Daily Loss Limit Enforcement
Automatically locks order placement once your configured loss limit or trailing loss limit is hit. -
Time-Based Trading Lock
If the loss threshold is breached, TradeLock halts trading until:- Either 6 PM or 6am (default), depending on when the breach occurs after hours.
- X amount of minutes (example: 5 minute lockout periods)
- Specific time (example: unlock me at 3:30pm if I get locked out so I can trade the close)
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Multi-Account Compatibility
Applies rules across all linked accounts simultaneously, ideal for prop traders, fund managers, or active multi-account users. -
Fail-Safe Design
Ensures open positions can still be closed, while strictly blocking new trades until conditions reset. - Free updates and support included.
Note: After purchase, we’ll ask for your NinjaTrader Machine ID (Help → About) so we can activate your license.
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I always find myself giving back profits, especially on slow days. TradeLock allows me to set a profit threshold so I can still finish the day green, even if I give back a few trades. Tradelock has saved me thousands.
If you have no ability to stick to a daily loss limit this tool is for you! It locks you out and you won't be able to trade until the timer is expired. This is also good for prop firms where you have a intraday trailing drawdown limit, for example if you want to make $1500 per day, but your loss limit is set to $500, and you reach $1400, but begin taking a string of bad trades that makes you lose $500 overall. You will get locked out at +$900 and it'll save you from "one last one I need to make it back". good product overall, highly recommended.
This indicator saved my trading career. It's so intuitive and works flawlessly it helps manage my trade how I want to without allowing any emotion to revenge trade or over extend a position where I shouldn't be. If you use this you're results will improve just based on the discipline factor you set up for yourself your daily limit and it will close it out if tapped at that amount.
Product Guarantee
If for any reason issues/bugs are found within the software, J. A. O. Consulting will work with you 1 on 1 to ensure the issues are resolved in a timely manner. I pride myself in my products and am here to help my customers.