Referring to other algo's within an algo …

merc1203 · Fri, 17 Jun 2016 10:43:21 +0000

Let’s imagine there are 10 different algos running at any one time. Is it possible to refer to the combined p&l’s on all 10 algos for risk management purposes, perhaps through account balance? i.e., if the account balance is less than x then quit all algo’s? Many thanks in anticipation

This topic has 1 reply, 2 voices, and was last updated 8 years ago by grizzly.

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06/17/2016 at 11:43 AM #9492

merc1203

Let’s imagine there are 10 different algos running at any one time. Is it possible to refer to the combined p&l’s on all 10 algos for risk management purposes, perhaps through account balance? i.e., if the account balance is less than x then quit all algo’s?

Many thanks in anticipation

merc1203
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06/17/2016 at 11:56 AM #9493

grizzly

Not possible.

But ….. you could use an Excel API (IG’s one for example) that monitors your account positions and effectively kills the TS by closing out the positions once your account has drawdown by X amount.

grizzly
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