Re: Breakout Strategy
Posted: Fri Feb 06, 2015 11:07 am
Dear Developer,
the problem with the BO Stratgey is that the order will be executed way too late and therefore one experiences usually a quite large slippage. I suspect that in the code there is a market order programmed instead of an entry order. An entry order would not lead to such large slippage. Since ticks are not allowed, there is also no way around this problem.
- Could you change the code in a way that there will be entry orders created at the end of the specified periode. (Max. and Min. of the range). Ideally ask prices for the long trade and bid prices for the short trade.
- Could you also add the option OCO order.
- It would be great, if the max. and min. value of the range could be visible on the chart and the number of pips (dynamically). As for the stop and limit, it would be great to specify the stop and limit as a percentage of the range, e.g. 50% for the stop and 100% for the limit, which would be a RR Ratio of 1:2.
- It would be great, if you could add a money management feature which allows to enter the percentage of the account which should be invested in that specific trade.
Thanks
the problem with the BO Stratgey is that the order will be executed way too late and therefore one experiences usually a quite large slippage. I suspect that in the code there is a market order programmed instead of an entry order. An entry order would not lead to such large slippage. Since ticks are not allowed, there is also no way around this problem.
- Could you change the code in a way that there will be entry orders created at the end of the specified periode. (Max. and Min. of the range). Ideally ask prices for the long trade and bid prices for the short trade.
- Could you also add the option OCO order.
- It would be great, if the max. and min. value of the range could be visible on the chart and the number of pips (dynamically). As for the stop and limit, it would be great to specify the stop and limit as a percentage of the range, e.g. 50% for the stop and 100% for the limit, which would be a RR Ratio of 1:2.
- It would be great, if you could add a money management feature which allows to enter the percentage of the account which should be invested in that specific trade.
Thanks