We are converting DAX Cobra CT V to NinjaTrader 8. It will be in the Money Management Algorithms Members Area later today. You get the open code for DAX Cobra CT III, DAX Cobra CT IV, and DAX Cobra CT V when you purchase the Money Management Algorithms.
DAX Cobra CT V has a Monthly Loss Limit within the code. If we stop trading after a net loss of 2k (on a closed trade basis) on the month, then we improve the max drawdown from nearly 9k to under 6k. This strategy also has an average trade profit of 160 Euros. The details are in the video below.