Money Management script and exit options in the wizard

Money Management script and exit options in the wizard

Obuli Govindaraju
2013-05-02 07:31:42

If I am making an entry using money management script, can I exit through a stop loss, profit stop or n bar stop on the wizard?

I tried it but it does not work. I also tried it on the optimize option and it doesnt work either.

So if I enter through a MM script should I also exit through a MM script?

QuantShare
2013-05-02 10:59:39

Yes. Here is how to place a stop order using the money management script:

MMPositionSettings ps = Functions.CreatePositionSettings("long");
ps.AddStopLoss(10);
Orders.AddLongPosition("GOOG", 100, null, ps);

Obuli Govindaraju
2013-05-02 18:29:40

So how can I optimize if I am exiting through a MM script like you said above?

QuantShare
2013-05-02 19:20:37

Best Answer

You can optimize directly within the MM script. Here are two examples:
http://www.quantshare.com/sa-126-money-management-optimize-a-trading-system
http://www.quantshare.com/sa-491-money-management-optimize-the-scale-in-strategy

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