Mark Holstius Elite    Posts: 744 Joined: 10/11/2012 Location: Sleepy Hollow, IL  User Profile | There are a couple of important points in using the conditions... If you choose "Enter Position": The condition needs to be False except when you want to allow a trade. When it goes true, if there's a trade already in progress it enters it the morning after the condition went true (could be a number of days after the trade was signaled & would've originally entered) If there's no trade in progress and the condition stays true for a while, it allows the trade to enter when the strategy triggers an entry while the condition is true. In both those cases, if you haven't checked "Close Positions", the trade will exit whenever the tradeplan signals an exit (the condition can go False and the trade continues to its normal exit). If it never goes true, you never enter a trade. If you check "Close Positions": You want the condition to normally be True so that the normal Strategy trades take place - but when your condition goes False, then the trade will exit early at that point (next morning in OV) and not wait for a normal Strategy exit. The condition would have to go back to True to allow any additional trades according to the normal Strategy behavior. Having both checked gets into "deep weeds" as you have to really think about the process and use some fancy nested Boolean logic to make it work the way you want... Hope that helps, Mark [Edited by Mark Holstius on 4/9/2016 7:28 PM] | |
