OmniTrader Professional Forum OmniTrader Professional Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
Frank Birch

Veteran
1002525
Posts: 171

Joined: 3/25/2006
Location: UK

User Profile
 
Subject : RE: Strange behaviour of exits in RT
Posted : 4/10/2023 4:52 AM
Post #32226 - In reply to #32216

Hi Barry & all,

I thought it would be an advantage to those that trade real time on my findings on this issue.
Firstly Barry made the call on the broker stop having no name? that got me thinking.
So instead of just a line of orders to send to the broker I then changed this to another fixed loss stop! (Chart attached)
so the first stop from entry is the vote line stop set @ 4 ATR,s away.
The 2nd stop is set to 5 ATR,s away (an extra 1 ATR away this now becomes your broker stop)
Then this stop has been enabled as broker stop added to it! (has a name now)(trade plan screen shot attached).

Now if you are using the old way as I was (screen attached) and you trade real time to your broker I highly advise the change in your trade plan.
With this fix in place your vote line will marry up with your broker price with in a tick or 2 and show true calculations in your testing in your port sim.
I don't know if this problem exists in end of day but certainly in real time.
This revised trade plan is being used to trade real time to IB Brokers and is seamless and the vote line problem fixed.
Thanks Barry on naming the problem.

Regards

Frank Birch


[Edited by Frank Birch on 4/10/2023 4:55 AM]

Attached file : 10-Apr-23 10-26-12 Broker stop.png (90KB - 121 downloads)
Attached file : 10-Apr-23 10-32-12 broker stop 2.png (468KB - 125 downloads)
Attached file : 10-Apr-23 10-47-36 broker stop 3.png (420KB - 123 downloads)

Deleting message 32226 : RE: Strange behaviour of exits in RT


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.