Always on market

• 06/04/2019 at 11:56 AM #99929
  AlgoAlex

  Given two conditions, let call them BUY and SELL, is it possible to create a system always on market long or short?

  F.e. when the system starts, the firs signal is BUY, and it stays long on market until a SELL signal appears that close the long and open a short position etc.

  Is it possible in ProOrder?

  

  AlgoAlex

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  06/04/2019 at 12:09 PM #99931
  GraHal

  Yes I’ve got a few like that … they are onmarket like 98.9% of the time!

  You need cumulateorders = False, well I do anyway as I always do.

  

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  06/04/2019 at 12:11 PM #99932
  Vonasi

  Yes. Any time that you are long on the market a SELLSHORT order will close the long trade and open a short trade and any time that you are short on the market a BUY order will close the short trade and open a long trade.

  

  Vonasi

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  06/04/2019 at 12:30 PM #99933
  Nicolas

  Yes and because hedging is not possible through a single ProOrder system, that how it operates: close the current order before sending the opposite one:

  A buy order will close the short one and vice-versa.

  

  Nicolas

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  06/04/2019 at 12:32 PM #99937
  AlgoAlex

  So all I need is just define buy and sellshort conditions?

  

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  06/04/2019 at 12:37 PM #99938
  GraHal

  Yes and use cumulate = false unless you want multiple BUY orders OR multiple SELL Orders … which you might get depending on your conditions?/

   

  

  GraHal

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  06/04/2019 at 12:37 PM #99939
  robertogozzi

  Yes.

  

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  06/04/2019 at 12:48 PM #99940
  AlgoAlex

  GraHal wrote:

  Yes and use cumulate = false unless you want multiple BUY orders OR multiple SELL Orders … which you might get depending on your conditions?/

  No sure I want the system to be long or short with a fixed size.

  It would be impossible to have multiple buys or sells open because my idea has an alternation of buy and sell.

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  GraHal

  

  AlgoAlex

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