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Intra-Bar Order Generation


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Intra-Bar Order Generation

  #1 (permalink)
ivanyu
Hong Kong
 
Posts: 15 since Jul 2013
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When I have Intra-Bar Order Generation = on, does it matter any more whether my order instruction is

1) buy on this bar close
2) buy on next bar market

Does my order instruction need to be "on this bar close" for intra bar order generation to take effect?

Thank you very much!

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  #2 (permalink)
 ABCTG   is a Vendor
 
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Although you already got the answer in the MC forum, it might be interesting for the BTM users, too:

With intrabar order generation "next bar" will be the next tick.

IOG = off;
next bar = next bar;
this bar = this bar;

IOG = on;
next bar = next tick;
this bar = this bar;

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ABCTG

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  #3 (permalink)
ivanyu
Hong Kong
 
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Thanks!

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  #4 (permalink)
djvie11
Chicago, IL
 
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So I was searching for an answer and found this thread..

I'm having a problem getting the IntraBarGeneration to work for me. I have it turned on ( [IntrabarOrderGeneration = true] is in my code ) but it always enters a trade on the end of the bar I'm working with (I use 240 minute bars).

So entries are always on 0800, 1200, 1600, 2000, etc. The command I have for entry is "Then BUY ("goLong") this bar;" I would like it to enter the trade as soon as my conditions are met, whenever they happen in the bar.

Am I doing something wrong here?

Thanks!
-Brandon

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  #5 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,435 since Apr 2013
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Brandon,

look into the differences for "this bar" and "next bar" in orders when it comes to intrabar order generation.
Next bar will be the next tick for IOG.

Regards,
ABCTG

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Last Updated on July 24, 2015


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