Two parallel strategies in ProOrder with different Stops on same security

ESCapedTestSubject · 2020-07-08T15:46:38+00:00

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.

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07/08/2020 at 4:46 PM #138770 quote
ESCapedTestSubject
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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.
07/08/2020 at 4:51 PM #138771 quote

GraHal
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Legend

ESCapedTestSubject wrote:

Will ProOrder see this as two different strategies

Yes provided they are two separate Systems.

07/08/2020 at 5:34 PM #138774 quote

Fran55
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Veteran

Escalade position to position is possible.

07/08/2020 at 5:35 PM #138775 quote

ESCapedTestSubject
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Thanks Grahal.

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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
6 years, 3 months ago.

Topic Details

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