Two parallel strategies in ProOrder with different Stops on same security

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  • #138770 quote
    ESCapedTestSubject
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    Average

    I understand it is not possible to scale out of a trade in automatic trading. Since this can not be achieved within the same strategy, is it possible to have two strategies running in parallel?

    • System 1 (EUR/USD-TP) – Takes profit at 80 pips. System 1 is then flat on market.
    • System 2 (EUR/USD-SL)  – Enters at the same time as System 1, but does not sell the position. Instead it uses SL?

    Will ProOrder see this as two different strategies or will it terminate both positions in the case of:

    • Sell at market command
    • STOP LOSS is met?

    Thanks.

    #138771 quote
    GraHal
    Participant
    Master

    Will ProOrder see this as two different strategies

    Yes provided they are two separate Systems.

    #138774 quote
    Fran55
    Participant
    Veteran

    Escalade position to position is possible.

    #138775 quote
    ESCapedTestSubject
    Participant
    Average

    Thanks Grahal.

    GraHal thanked this post
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Two parallel strategies in ProOrder with different Stops on same security


ProOrder: Automated Strategies & Backtesting

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This topic contains 3 replies,
has 3 voices, and was last updated by ESCapedTestSubject
5 years, 7 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 07/08/2020
Status: Active
Attachments: No files
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