Entering orders on stop …

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    merc1203merc1203
    Participant
    Average

    If an entry order on stop is generated on the close of a bar, what factors determine how long that order is valid for – is it until a second order is gererated?

    #8777 quote
    AdolfoAdolfo
    Participant
    Senior

    Hi merc1203, as far as I know, an order is generated and remains while your conditions are meet. If your conditions are not meet at next bar order should be canceled.

    Have a nice weekend, Adolfo.

    #8778 quote
    NicolasNicolas
    Keymaster
    Legend

    Stop and limit orders (pending orders) are only valid during 1 bar, so you have to put them at each new one.

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Entering orders on stop …


ProOrder: Automated Strategies & Backtesting

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merc1203 @merc1203 Participant
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This topic contains 2 replies,
has 3 voices, and was last updated by NicolasNicolas
10 years, 5 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 06/03/2016
Status: Active
Attachments: No files
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