Hi,
I have a question regarding FlatAfter. My example is trading the DAX. Opening times of the DAX are 080000-220000. Outside of that period the bid-offer spread provided by IG Markets is much wider, and therefore I would like to avoid treding outside of the contract’s ordinary trading hours.
So my question is this: If my system is trading on e.g. hourly charts in PRT, would it be appropriate to set FlatAfter=220000? Let’s take an illustrative example of my dilemma: If my system would want to initiate for example a short postion at 220000, would the system issue a sell-order and then immediately exit the short with a buy-order in the same bar (220000)? Or would it initiate the sell order at 220000 and cancel the sell at the next bar, in this example 230000? Or would it simply not issue any sell-order to initiate the short position as the time is 220000 and the order is to be FlatAfter 220000?
3 options and not clear to me from the manual which way it would work.
Thanks for any guidance!
.
