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Last exit order type
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Last exit order type

  #1 (permalink)
Trading Apprentice
Bangkok Thailand
 
Futures Experience: Intermediate
Platform: IB, MC
Favorite Futures: Forex, CL, ES
 
Posts: 22 since May 2016
Thanks: 10 given, 5 received

Last exit order type

My strategy sends both stop and limit orders once a position is initiated.
How can I know, using Easylanguage, whether the last exit was done with the stop or the limit order?

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  #3 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
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TraderWalrus,

you can for example use the OrderFill method of the StrategyHost object to obtain the type or name of a filled order.

In legacy Easylanguage you could use the exit price to calculate what exit order resulted in the exit.

In Multicharts you could use ExitName or PosTradeExitName to obtain the name of the exit - which in turn should enable you to know if the stop or target was hit.

Regards,

ABCTG

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  #4 (permalink)
Trading Apprentice
Bangkok Thailand
 
Futures Experience: Intermediate
Platform: IB, MC
Favorite Futures: Forex, CL, ES
 
Posts: 22 since May 2016
Thanks: 10 given, 5 received

Thank you, it's very helpful.

I'm using Multicharts. ExitName looks suitable. Regarding PosTradeExitName, I found info in PosTradeExitName - MultiCharts but don't understand the second parameter there.

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  #5 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,403 since Apr 2013
Thanks: 219 given, 798 received
Forum Reputation: Legendary

TraderWalrus,

you are welcome. The second parameter is the trade number, which comes into play when you handle multi leg positions. Assume you scale into a long position with three entries, you can access each of these legs (with using the values 0 to 2 for the second parameter). Keep in mind that it's zero based, so the first trade into each position has the trade number 0.
To access the total number of trades for a position you can use the PosTradeCount reserved word.

Regards,

ABCTG

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