ProOrder stopped – stop below minimum distance (IG Index)

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  • 05/01/2024 at 2:12 PM #232143 quote
    GraHal
    Participant
    Master

    No PM function on this website.

    As it is a Stop entry … is entryPriceL always higher than current price when the pending Buy Order is placed?  Vice versa for Shorts?

    05/01/2024 at 2:29 PM #232144 quote
    PeterSt
    Participant
    Master
    Wim wrote:

    Question: Does this forum have a private messaging option?

    No. That is something other platforms provide as well. 😉

    Enneh, zoekt en * gij zal de kat niet uit de boom schieten maar vast wel * vinden.

    05/01/2024 at 3:04 PM #232145 quote
    Wim
    Participant
    Junior
    GraHal wrote:

    As it is a Stop entry … is entryPriceL always higher than current price when the pending Buy Order is placed? Vice versa for Shorts?

    Yes, the entry levels are like most recent high and low AND an additional distance. It’s a bit like a range breakout system but only profiting in high momentum situations and during acceptable minimum stop loss requirements (punch).

    GraHal thanked this post
    05/01/2024 at 8:54 PM #232153 quote
    Finning
    Participant
    Veteran

    And sorry just to confirm,

    Buy x stop

    And

    Sell at x stop

    Aren’t subject to these wild 100+ point min distances?

    It’s only

    Set target profit at x

    Set stop loss at x

    Thanks,

    Finning

    05/02/2024 at 3:03 AM #232160 quote
    PeterSt
    Participant
    Master
    Finning wrote:

    Buy x stop
    And
    Sell at x stop
    Aren’t subject to these wild 100+ point min distances?

    Yes, they are. But remember, no accumulated orders assumed, these would cause the position not to be opened and the system kicked out at it.

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ProOrder stopped – stop below minimum distance (IG Index)


ProOrder: Automated Strategies & Backtesting

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Giddy @andrew_gidman Participant
Summary

This topic contains 79 replies,
has 11 voices, and was last updated by PeterSt
1 year, 9 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 06/22/2022
Status: Active
Attachments: 10 files
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