ProOrder – how to set variables when a stop is triggered

Philippo · 2016-10-25T23:12:18+00:00

Hi, I am setting a variable every time I exit a position in my system due to CCI in a certain position, this is a Technical Indicator driven exit. I also use stops to protect the capital, money management is important after all. But I would like to ensure, when I exit a position due to a stop, that a variable, say “Precursor” is reset to zero. I am able to do this in the Technical exit as the variable assignment is include in the condition (if..then..endif) I can tell ProOrder when to stop and limit but can’t actually get feedback once the event is triggered. How do I get notification that the stop is triggered or how do I get ProOrder to reset “Precursor” to zero? Thanks

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10/26/2016 at 12:12 AM #15516 quote

Philippo
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Hi, I am setting a variable every time I exit a position in my system due to CCI in a certain position, this is a Technical Indicator driven exit. I also use stops to protect the capital, money management is important after all.

But I would like to ensure, when I exit a position due to a stop, that a variable, say “Precursor” is reset to zero. I am able to do this in the Technical exit as the variable assignment is include in the condition (if..then..endif)

I can tell ProOrder when to stop and limit but can’t actually get feedback once the event is triggered. How do I get notification that the stop is triggered or how do I get ProOrder to reset “Precursor” to zero?

Thanks

10/26/2016 at 12:30 AM #15518 quote

Philippo
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Just a thought which I will try tomorrow,

From the ProOrder manual “ONMARKET[1] is equal to 1 if you had an open position at the close of the previous bar, or 0 otherwise.”

So I could test IF ONMARKET[1]=1 and ONMARKET=0 then Precursor=0 endif
Which I will do tomorrow..
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ProOrder – how to set variables when a stop is triggered

ProOrder: Automated Strategies & Backtesting

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Philippo @philipd Participant

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This topic contains 1 reply,
has 1 voice, and was last updated by Philippo
9 years, 11 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	10/26/2016
Status:	Active
Attachments:	No files