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Offset Breakeven Stop Order - IntraBarOrderGeneration


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Offset Breakeven Stop Order - IntraBarOrderGeneration

 
Shooter McGavin
Los Angeles, CA
 
Posts: 7 since Apr 2023
Thanks Given: 4
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I want to write a custom long exit strategy so that if a position has gone $1,000 in profit I exit the position at $100 in profit if it turns against me. I'm working with a 5 minute NQ chart. I'm thinking of achieving this by turning IntraBarOrderGeneration ON so that I don't wait until a bar's close to exit if the condition is true. I'm worried about using IntraBarOrderGeneration and overloading my computer with the data stream.

Does anybody have experience using IntraBarOrderGeneration? Should I not be worried about turning it on? Is there another way to achieve this exit strategy?


Thank you!
Shooter


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 Billiwon 
Los Angeles, California
 
Experience: Intermediate
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If you have a decent computer running a NQ chart, that should not overload the machine.

Bill

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Last Updated on October 7, 2023


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