Automatically close out all positions when condition is reached

December 28th, 2015, 07:05 PM

Hi,
I am using the ThinkOSwim platform. Is there a Script which will close out all positions when the profit in the account has reached a particular value. For Example I BUY /ES and sell /CL. When the profit in the account is >= $100 close out both positions. How can I accomplish this

Thanks

December 28th, 2015, 11:26 PM

Hi,
I was looking at this link, although my knowledge of ThinkOSwim scripting is bad.
Can someone please help. Thanks

futures.io/easylanguage-programming/32197-how-make-program-stop-trading-after-has-lost-80-a.html

January 28th, 2016, 07:51 PM

It's not possible to do that using ThinkScript. If you need to be able to program functions/rules like that - you should look at Interactive Brokers with their APIs or TradeStation with EasyLanguage.

Automatically close out all positions when condition is reached

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Automatically close out all positions when condition is reached