Manual entry with Automated exit?

Daedalus · Thu, 10 May 2018 02:20:01 +0000

Hi I am starting to get to grips with prorealtime, I am not at the stage where I want to do full automated trading but I would like to enter trades manually and then program an exit algorithm rather than rely on alerts that require me to get up in the middle of the night to exit trades, or I end up losing profit if I am indisposed. For example if I am Long and the price crosses under the 50 Moving Average I want to exit Automatically. Programing an exit when the price gets near my guaranteed stop would also be nice so the stop is not triggered and I don’t have to pay the stop premium. Right now if I do not define an automated entry I get the msg “Trading systems must contain at least one instruction to enter the market” and it does not work. Any ideas? Thanks in Advance

This topic has 20 replies, 6 voices, and was last updated 3 years ago by GraHal.

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12/23/2020 at 1:24 PM #154987

s00071609

I am not sure about it. Can you point me where to look for it? I mean information about such exits?

s00071609
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12/23/2020 at 1:28 PM #154988

GraHal

Do you know how to set an Alert using on v11?

Did you know how to set an Alert on v10.3?

GraHal
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12/23/2020 at 1:32 PM #154989

s00071609

Yes i know to set alert. Associating trigger would hedge a position not close open position based on trigger. Could you please explain what you mean?

thanks

s00071609
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12/23/2020 at 1:40 PM #154990

GraHal

It’s all there on the screen shot I posted 3 or 4 posts above.

You can buy or sell with an Alert and if you set Force Open to Disabled then hopefully it should exit / close yuor open trade?

Give ot a go on your Demo Account and let us know please?

Try it on x10.3 first as then you have the screen shot to look at for settings etc.

The when you have it working you can move onto v11 and find the respective settings?

GraHal
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01/15/2021 at 7:15 AM #157908

s00071609

Hi Grahal

I tried using alert to close the position with disabled force open. However, the danger of this method is that, if the stop gets hit before the alert triggers, it will open a new order with NO STOP LOSS.

If you include stop loss in order via Alert, then force open (disabled) does not work. It opens two orders in opposite direction

Being able to put a stop with alert order with disabled force open, would be little better but not sure if this feature is any useful at all for closing positions.

What is your view?

s00071609
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01/15/2021 at 9:41 AM #157914

GraHal

s00071609 wrote:

Being able to put a stop with alert order with disabled force open, would be little better but not sure if this feature is any useful at all for closing positions.

Above would be very useful. It has always annoyed me that this is not possible.

Please might you suggest it direct to PRT using the Form on the link below.

https://www.prorealtime.com/en/contact?suggestion=1

GraHal
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