+ This tool monitors an account's Unrealized PnL, not Total PnL.
+ All LIVE accounts other than Rithmic must use "Watchlist Mode", which just supports up to 5 user-defined instruments (please scroll down to read details).
+ Only the monitored account is flattened (other accounts are not affected).
+ "Profit Locking" may fail if PnL suddenly gaps down to a negative zero.
Are you looking for a professional NinjaTrader flatten-everything tool?
Smart Flattening is the first-ever & truly unique product of its kind on the market. It's the genuine rescue for traders who trade multiple instruments (have multiple open positions) simultaneously. This super tool automatically flattens everything when the unrealized PnL hits either the max profit or max loss you define.
Smart Flattening fascinates traders with its friendly, beautiful, and professional control panel - which can be set as "Always On Top" to float above all of your working windows. Imagine: you can feel free to read online newspapers, check emails, browse forums, manage Facebook... and still be able to monitor your account via the floating control panel of Smart Flattening. The tool also allows you to manually flatten everything anytime on demand.
Added to the superbness of this smart tool is the most-demanded "Profit Locking" feature to protect traders' hard-earned profits. For example, when the unrealized PnL reaches a user-defined trigger of $300, profit locking will be in effect at $100.
This is how Smart Flattening works on different types of accounts:
- For DEMO accounts: Smart Flattening supports unlimited instruments (please disable Watchlist Mode).
- For LIVE Rithmic accounts: Smart Flattening supports unlimited instruments (please disable Watchlist Mode).
- For LIVE accounts other than Rithmic: You must enable Watchlist Mode, which just supports up to 5 user-defined instruments (including the main chart where you attach Smart Flattening).
Key features:
- Allow selecting an account to be monitored (from Chart Trader or from Smart Flattening's Control Panel)
- Support up to 5 user-defined instruments in "Watchlist Mode", which must be enabled on any LIVE accounts other than Rithmic
- Display a super big number of unrealized PnL with 0, 1, or 2 decimal places
- Lock profit with user-defined trigger & locking amount
- Display a PnL status bar to help you quickly visualize the amount of profit/loss
- Allow setting different colors for 3 situations: profit, loss, breakeven
- Monitor your account and automatically flatten it on max profit/loss hit
- Allow defining max profit/loss in cash or % of account
- Allow you to manually flatten everything anytime on demand
- Allow customizing control panel with many display modes
- 18 Jan 2023 - Account selector was added.
- 19 Jan 2021 - Display name was added.
- 10 Dec 2020 - The indicator was re-exported to be compatible with recent changes of the platform.
- 31 Dec 2019 - A minor issue was fixed.
- 06 Dec 2019 - "Watchlist Mode" was added to fix PnL retrieving issue on live accounts.
- 04 Apr 2019 - "Profit Locking" was integrated.
- 07 Mar 2019 - The indicator was re-exported to be compatible with recent changes of the platform; an unused property was removed.
- 18 Feb 2019 - The licensing system was critically upgraded; the flattening algorithm and logic were enhanced.
- 10 Feb 2019 - A minor issue was fixed.
- 11 Jan 2019 - Flattening guard was added.
- 02 Jan 2019 - An issue with playback connection was fixed.
- 28 Dec 2018 - The indicator was released (built new).
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