Two parallel strategies in ProOrder with different Stops on same security

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  • #138770

    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

    Will ProOrder see this as two different strategies

    Yes provided they are two separate Systems.

    #138774

    Escalade position to position is possible.

    #138775

    Thanks Grahal.

     

    1 user thanked author for this post.
Viewing 4 posts - 1 through 4 (of 4 total)

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