Max Daily Loss Limit API

[keroppi]

I don't believe Sierra chart supports options. Is that correct?

 

[schizo]

I don't believe Sierra chart supports options. Is that correct?

It should, according to their website.

https://www.sierrachart.com/#:~:text=Sierra Chart supports all types of markets: stocks, futures, indexes, currencies/forex and options.

But that shouldn't really matter if all you want is to close down after reaching your maximum daily limit.

 

[wrzmstr2]

I need an API that sets a Max Daily Loss Limit so that I will be closed out of all open positions if the loss limit is exceeded and I am locked out from trading any further for the trading day

I know it is possible to create a Python API for it and I am willing to pay for it too

I know this function exists with DAS trader but even if I am locked out from DAS trader I would still be able to make trades on IBKR (which defeats the purpose).

You should switch your broker. Go with a broker where they can take away your risk editing ability in Das. E.g. Centerpoint, cobra, etc.