Automatic Trading System- Using Multiple Stops

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  • 06/23/2021 at 12:35 PM #172203 quote
    mrmo1001
    Participant
    New

    Hi,

    I have used the simple coding method in Pro-Realtime to create a trading system. When the system is backtested, using Pro- Real-test, the performance results over 100k units are excellent. The system contains instruction to set multiple stop losses, i.e an initial stop of 30 pips on opening the position, with a trailing stop of 5 pips.

    When I have tried to activate the system in Pro-Order it says that the multiple stop options cannot be used. This then degrades the performance of the system results as expected.

    My question is; Is it possible to add a workaround to the formula so that the system will place both stops? Or is it possible to be present when the trades are activated and then manually add the trailing stop to the open position?

    Any help or advice in this area would be greatly appreciated. Thanks.

    06/23/2021 at 12:49 PM #172204 quote
    GraHal
    Participant
    Master

    A1

    You would need to post your code on here then some kind soul may help you.

    A2

    If you manually change anything on an already open auto-trade then the Algo closes.

    But you can do what you describe using the IG Platform and continue with the trade from thereon as a manual trade … I do it often! 🙂

    06/24/2021 at 12:56 PM #172304 quote
    mrmo1001
    Participant
    New

    Ok that’s great, thanks for your reply.

     

    I will look into this further and the IG option sounds like the way to go!

    Cheers

    06/24/2021 at 1:59 PM #172307 quote
    GraHal
    Participant
    Master

    You need to tick the box (in PRT) to enable … ‘leave trades open if any changes made external to PRT’ 

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Automatic Trading System- Using Multiple Stops


ProOrder: Automated Strategies & Backtesting

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mrmo1001 @mrmo100 Participant
Summary

This topic contains 3 replies,
has 2 voices, and was last updated by GraHal
4 years, 8 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 06/23/2021
Status: Active
Attachments: No files
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