Stop and limits for cumulated positions are different from what the manual says

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  • 09/13/2023 at 2:44 PM #220943 quote
    XORANDNOT
    Participant
    Senior

    The manual says the following for cumulated positions :

    “Note on stops and target levels while CumulateOrders is active: If you use the instructions to set a stop
    loss, trailing stop or profit target with cumulate orders activated, the level is calculated based on your
    positions average entry price and is recalculated each time the position’s quantity is modified.”

     

    But this is not so in reality. For example, if you have a trading system that holds 2 long positions in DAX, 1 at 16.000, the other at 16.005 and place stop and limits, both at 20 points using “set stop loss” and “set target profit”, the system will place stops at 15980 and 15985 and limits at 16020 and 16025. It will not use the average positionprice of 16002.5 for the placement of stops and limits, as the manual indicates.

    09/13/2023 at 4:42 PM #220972 quote
    PeterSt
    Participant
    Master

    Hi,

    Maybe the manual is 100 or so years old, while the multiple Stop/Target functionality is new. Notice that there is a new (kind of) manual since the beginning of this year. Whether this new functionality already existed at that time … critical.

    I am not sure how to refer to this functionality. It may even be available in V12 only. But, you are using it, right ?
    Possibly it is a setting. I would be daft if this behavior was changed while our running codes make use of it.

    Maybe others know more/better ? I think @JC_Bywan is good at these matters.

    09/14/2023 at 7:28 PM #221055 quote
    XORANDNOT
    Participant
    Senior

    “Note on stops and target levels while CumulateOrders is active: If you use the instructions to set a stop
    loss, trailing stop or profit target with cumulate orders activated, the level is calculated based on your
    positions average entry price and is recalculated each time the position’s quantity is modified.”

     

    It is the text from the latest manual V 6.0.1 – 20230103.

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Stop and limits for cumulated positions are different from what the manual says


Platform Support: Charts, Data & Broker Setup

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XORANDNOT @xorandnot Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by XORANDNOT
2 years, 5 months ago.

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Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 09/13/2023
Status: Active
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