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.

 
Jim Dean

Sage
2000100010010010010025
Posts: 3433

Joined: 3/13/2006
Location: L'ville, GA

User Profile
 
Subject : RE: To buy more shares for an already existing pos
Posted : 5/26/2010 1:51 PM
Post #16250 - In reply to #16249

Hi, Marc:

You can definitely do it in the TP ... I'm unaware of how you can do it manually with chevrons ... and if you do it manually via TWS I sorta doubt that OT will be able to continue to manage the trade ...

In the TP, you insert another Condition-row in the Step after the initial entry, with a Condition attached that must be satisfied in order to fire an additional "scaling in" order. If you're writing custom Stop code for this, just pretend that "Signal=ExitSignal" really MEANS "Signal=EntrySignal" in this instance.

Note that there normally should be other Condition-rows in that Step that provide stop-loss Exit protection as well.

If the scaling-in condition hits, then the Jump-To step would have the necessary rules for exit - often they will be dup's of the rules in Step two.

You ARE allowed to enter percentages > 100 for number of shares, btw.
Deleting message 16250 : RE: To buy more shares for an already existing pos


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