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tradestation, profittarget, openpositionprofit


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tradestation, profittarget, openpositionprofit

  #1 (permalink)
strmci
Prague, Czech Republic
 
Posts: 13 since Sep 2014
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Hi guys,
I use openpositionprofit to set my profit target on my open trades in my strategies (if openpositionprofit>profittarget then sell/buytocover...), but the values of openpositionprofit are different during historical testing and during demo trading. Can you please give me some advice how to synchronize the historical values and demo values in this case? Thank you.

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  #2 (permalink)
 kevinkdog   is a Vendor
 
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strmci View Post
Hi guys,
I use openpositionprofit to set my profit target on my open trades in my strategies (if openpositionprofit>profittarget then sell/buytocover...), but the values of openpositionprofit are different during historical testing and during demo trading. Can you please give me some advice how to synchronize the historical values and demo values in this case? Thank you.

Can you give a specific example? This should work, I do something similar, live and backtest...

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  #3 (permalink)
strmci
Prague, Czech Republic
 
Posts: 13 since Sep 2014
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I figured it out yesterday.

It was because of the strategy properties settings. I had "base currency of symbol" set to "symbol" which is yen (audjpy currency pair) and not "account" which is usd. The openpositionprofit as well as contractprofit is then calculated in yen, not in usd.

Silly thing and my mistake but took me a moment to figure it out.

Thanks Kevin.

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