StopLoss Orders - MultiCharts | futures io social day trading
futures io futures trading


StopLoss Orders
Updated: Views / Replies:252 / 0
Created: by Steven723 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

StopLoss Orders

  #1 (permalink)
Elite Member
Toronto, ON
 
Futures Experience: Beginner
Platform: MultiCharts
Favorite Futures: ES
 
Posts: 5 since Jan 2012
Thanks: 1 given, 0 received

StopLoss Orders

I am using MultiCharts as my platform and Rithmic as my broker. Currently I am having issues of duplicate stoploss orders being placed when shutting down my automated strategy on Friday afternoon and restarting it on Sunday evening when holding a position over the weekend. I have two options when shutting down a strategy.

Cancel Stoploss on shutdown:
If I do this then I do not have the duplicate stoploss order when the market starts trading on 830 Monday morning but I am without a stoploss from Sunday afternoon until Monday 830. I do not like this because my positions are without a stoploss for about 16 hours.

DO NOT Cancel Stoploss on shutdown:
If I do not cancel stoploss on shutdown I will have my stoploss when Globex open on Sunday afternoon but when the market open on Monday morning at 830 then I get a duplicate stoploss order.

Is there any way, within my strategy code, to make a stoploss conditional within a strategy to look to see if the strategy is in a position and if it is then see if it has a stoploss and it if does do not send stoploss order and if it does not then send stoploss order.

Has anybody come across this problem and come up with a solution.

Thanks, Steven

Reply With Quote

Reply



futures io > > > > StopLoss Orders

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Stoploss statistics calhawk01 Emini Index Futures Trading 2 October 6th, 2015 11:36 AM
What's your view on Stoploss orders TrendTrade Commodities Futures Trading 15 September 28th, 2015 05:01 PM
stoploss to breakeven to trailing stephenszpak NinjaTrader Programming 13 October 13th, 2014 03:30 PM
place multiple stoploss/limit orders based on entry price bermondsey EasyLanguage Programming 2 October 14th, 2013 04:09 PM
Help on strategy stoploss mea109 NinjaTrader Programming 6 May 2nd, 2012 06:41 PM


All times are GMT -4. The time now is 10:53 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-07-27 in 0.06 seconds with 20 queries on phoenix via your IP 54.224.90.112