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Stoploss disable on same bar.
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Created: by selnomeria Attachments:0

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Stoploss disable on same bar.

  #1 (permalink)
Elite Member
Tbilisi + Georgia
 
Futures Experience: None
Platform: ThinkScript,Tradestation
Favorite Futures: EUR/USD
 
Posts: 30 since Aug 2014
Thanks: 7 given, 13 received

Stoploss disable on same bar.

I have SetStopLoss function, that causes to exit on same bar sometimes:

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I have turned off IntraBarOrderGenration (from script and from options too)

but it still causes such occurences... how to avoid that?

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  #2 (permalink)
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  #3 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,781 since Apr 2013
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selnomeria,

SetStopLoss is evaluated intrabar, regardless of your settings for intrabar order generation.

Although it's not advisable to have it within a condition, you could only issue it when the market position is different than 0. For a system that is evaluated end of bar, this can accomplish what you have in mind.

Another approach could be to write your own exit orders and not use SetStopLoss.

Regards,

ABCTG

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