OmniTrader Archives
OmniTrader 2012 Technical Support
pending exits?
22 replies, 1675 viewings
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OmniTrader Archives
OmniTrader 2012 Technical Support
pending exits?
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Last Activity 3/18/2022 1:29 PM 22 replies, 1675 viewings |
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trn Veteran   Posts: 185 Joined: 2/1/2011  User Profile |
Now, whenever there is an exit at the end of the 60 mins bar i.e stop loss has been trigerred .The focus list will still show the trade as pending(the blue line) and displays as an confirmed exit only on the "Close" of the next/following bar.Unlike in earlier versions which displays an exit at the end of the bar and not close of the new bar like it should be. If it shows as pending in the focus list its sometimes hard to determine if there is an actual exit or not.It seems to be a general technical error which could be solved with an update which i had bought to notice about a year back but still remains unresolved.It might be a small issue but makes trading really difficult with Omnitrader if i have to keep confirming if there is an actual exit by manually looking at the symbols chart. Attached image of orders block and focus list with pending status at close of bar,when there actually has been an exit. [Edited by trn on 3/7/2013 10:33 AM]  Attached file : exits.jpg (235KB - 407 downloads) Attached file : ot2012.JPG (221KB - 389 downloads) | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
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| Jim Dean Sage   Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
That is, the inconsistency with the triangles on the vote line with the vertical exit lines on the chart. There is also an inconsistency in the stats (price and date) that the Advisor shows. I don't know why, but Nirvana has chosen not to fix it. [Edited by Jim Dean on 3/7/2013 10:38 AM] | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
You mentioned " the inconsistency with the triangles on the vote line with the vertical exit lines on the chart"....is that the same issue which i was talking about? | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
The issue I reported and over-the-top documented was exits and entries sometimes having contradictory plotted dates (vote line triangles vs vert lines plotted on chart) - and the dates and prices reported by the Advisor. The docs are buried by now somewhere in the past threads. | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
I am glad that someone else apart from me is knowing about this..it becomes really difficult when trading lower time frames(5min/10 mins)..i have to constantly monitor the charts to see if there is an exit or not and if you have multiple symbols in the focus list which you are trading forgot about it..it becomes really annoying and frustrating..it seems like a simple fix i do not know why it cant be done..i just feel like downgrading to OT 2011.. | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
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| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
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| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
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| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
Post a snapshot with annotations | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
Attached file : ot2012.JPG (221KB - 392 downloads) | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
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| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
Please take a look again if you wish at the "green square" under the "sig" column in the focus list right after the symbol name.. | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
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| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
I just got a email from support saying that its a fix which is still in process(since a year btw).. [Edited by trn on 3/7/2013 5:29 PM] | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
The chart you showed had a fully developed new bar showing. The way OT works (documented and explained many times elsewhere) is that it does not have an "event" fired at the close - it "knows" the bar is "over" when the "next bar open" event hits. | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
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| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
The green square indicates that the exit occurred on the prior bar. Much like a green triangle means an entry will occur on the next bar. | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
In 2011 OT it used to do it at the open. | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
Exit occurs on a bar Green square appears at open of next bar and lasts throughout that bar Then green square changes to a dash. | ||
| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
What would happen if the closing price of the bar and the fixed stop loss were the same would that be considered an exit i.e closing price of the bar for example is $450 and the fixed stop loss line is price $450?Would OT consider that as an exit...for "market on close current bar through stop" | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
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| trn Veteran Posts: 185 Joined: 2/1/2011 User Profile |
http://www.omnitrader.com/currentclients/otforum/thread-view.asp?threadid=6396&posts=3 |
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