OmniTrader Professional Forum : Trade Plans In Strategies : "Test During Session" Stop Parameters

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OmniTrader Professional Forum Trade Plans In Strategies "Test During Session" Stop Parameters		Last Activity 1/17/2022 3:59 AM 6 replies, 3969 viewings

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LSJ

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Subject : "Test During Session" Stop Parameters
Posted : 12/15/2017 8:44 PM
Post #29766

Can anyone point me to the explanation of "test during Session" as used in a Trade Plan condition.
I placed a trade on a daily chart in an RT profile and the trade filled and almost immediately was closed. Even though there was only a movement of a few cents on a $100 stock I wonder about the behaviour of this statement.

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Jim Dean

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Subject : RE: "Test During Session" Stop Parameters
Posted : 12/15/2017 9:01 PM
Post #29767 - In reply to #29766

Please provide a snapshot of the trade plan showing all steps and conditions

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LSJ

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Subject : RE: "Test During Session" Stop Parameters
Posted : 12/16/2017 7:54 AM
Post #29768 - In reply to #29766

Hi Jim. Because of all the issues with displaying intra day data periods in the Xsuite EOD profile I went to an RT profile based on Barry's suggestion. What a difference. It is working very well with no hiccups. However, I wanted to be able to place a trade anytime rather than MOO. I edited the Xsuite trade plan and saved it as "Xsuite RT" and used it in all the trade plan blocks for the five Xsuite strategies plus the XLS 19 V2. I only changed the buy order from an MOO to a limit to have flexibility at the time of entry.
I only test on the daily time frame and there is no optimization. I have weekly, daily, 240m and 60m data periods.
Thanks for looking into this.

Attached file : loss stop.jpg (311KB - 447 downloads)

Attached file : profit stop.jpg (300KB - 428 downloads)

Attached file : Plan change.jpg (175KB - 442 downloads)

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Jim Dean

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Subject : RE: "Test During Session" Stop Parameters
Posted : 12/16/2017 8:23 AM
Post #29769 - In reply to #29768

Hmm

Nothing in the snaps seems amiss.

I recently discovered (and Barry confirmed) a serious issue re using SM orders with virtual levels. He said they are too busy right now to fix it. Maybe the Limit orders (which I also could not get o work) are broken too.

So, the only thing that I know works reliably in TP's now are Mkt and MOO.

Sorry I couldn't be more help.

I really wish N would find time to fix the various order types. I've documented problems over and over again for years. We could all benefit tremendously from it if they did.

[Edited by Jim Dean on 12/16/2017 8:25 AM]

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LSJ

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Subject : RE: "Test During Session" Stop Parameters
Posted : 12/16/2017 8:49 AM
Post #29770 - In reply to #29766

Thanks for that. I guess that means I will need to manually place orders and the stops.
Hope N can get this ironed out.

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Jim Dean

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Subject : RE: "Test During Session" Stop Parameters
Posted : 12/16/2017 9:08 AM
Post #29771 - In reply to #29770

All I can say is to experiment with different settings. Maybe try an earlier year of OT.

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LSJ

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Subject : RE: "Test During Session" Stop Parameters
Posted : 12/16/2017 5:55 PM
Post #29772 - In reply to #29766

Problem found. All of my trade plan settings are as shown previously but I went to place a trade to experiment and sell order incorporated right with the initial buy order.

Step removed and trading seems normal. Have no idea how the step got added.

[Edited by LSJ on 12/16/2017 6:10 PM]

Attached file : plan.jpg (297KB - 451 downloads)

Attached file : manager.jpg (307KB - 438 downloads)

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