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Automatically close out all positions when condition is reached


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Automatically close out all positions when condition is reached

  #1 (permalink)
hdsouza
VA, USA
 
Posts: 2 since Dec 2015
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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

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  #2 (permalink)
hdsouza
VA, USA
 
Posts: 2 since Dec 2015
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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

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  #3 (permalink)
schematics12
Los Angeles, CA
 
Posts: 14 since Jan 2016
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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.

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