Need help with a MM Script - Trading Software

Need help with a MM Script

Obuli Govindaraju
2013-05-09 06:29:02

Lets say my buy rule is rsi(4) < 20. Exit is N-bar stop with a value of 2.

If the bar that generates the exit signal still meets the buy rule I do not want to exit and move the exit by another 2 bars.

How do I do this? I know that I should use the ClosePosition event but after that I am a bit clueless on what to do.

QuantShare
2013-05-09 11:11:20

Best Answer

In "OnStartSimulation", you instruct QS to execute "OnClosePosition" event when a stop is initiated.
TradingSystemSettings.IsExecuteOnClosePositionOnStop = true;

In the "OnClosePosition" event, evaluate the buy rule then ignore the order if this rule is true:

TimeSeries buyrule = Data.ParseFormula("a = rsi(4) < 20;").GetTimeSeries("SYMBOL NAME", "a");
if(buyrule[0] == 1)
{
Functions.DontCloseTheCurrentPosition();
}

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