OmniTrader Forum
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OmniTrader 2006 Technical Support
What is a generated stop? |
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Richard2![]() Posts: 5 Joined: 12/27/2004 Location: Herriman, Utah ![]() | Omnitrader 2005 uses a fixed stop, trailing stop and reversal stop. My system is indicating a "generated stop" was used in exiting some of the trades. What is a generated stop? Thanks, Richard | |
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Barry Cohen![]() Posts: 6338 Joined: 1/19/2004 ![]() | A generated stop is a stop produced by a system. If you look at the strategy it should show another Systems block pointing to the Order's block with one system enabled. | |
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![]() This accout has been deleted | Barry, This brings to question can a TradePlan Reproduce a exit to match the systems Block ? Sorry I havn't tested this yet. The VT Group just talked about htis for the Strategy we use none of us were sure. | |
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Barry Cohen![]() Posts: 6338 Joined: 1/19/2004 ![]() | You could have a Systems block point to a Trade Plan block, but it won't do anything. So the only way to do get a system for an exit in a Trade Plan would be to create a new exit through OmniLanguage. |