mdsmith77 Member Posts: 5 Joined: 10/31/2012  User Profile | A nice feature of the Condition manager would be if MACD_HIST (12,26,9)-Which I created-could be used to indicate long or short, it can be seen when comparing with $spx it would make a huge difference in the overall return. HOWEVER, when MACD indicates to exit the position the strategy stop-loss has not yet occurred and the profit that was made disappears by the time the strategy stop-loss kicks in. In addition, when implementing a stop-loss in the trade processor Omnivest does not recognize that a trade was exited and is still listed under Open Poitions in Omnivest. For example, I have used a 3% stop-loss which worked great but the problem is that since Omnivest does not recognize the exit no new trades are submitted to replace it. Thus, there seems to be no way to be "fully invested" until Omnivest closes the trade you have already exited. So what I am asking for then is a way for OV to recognize the stop-loss and submit new trades. Is this something that could be done? I think it would really enhance a great program-thanks!!! | |
