Alexander.Gettinger wrote:Strategy updated.
Added possibility to choice symbol for checking profit and closing.
Good, now we definately know what this Strategy's purpose was initially intended for:
It is a good tool, but the development approach in terms of the Strategy's logical application works against the Strategy's purpose.
This is what this Tool or Strategy is supposed to do:
1) Monitor Gross P/L of a Symbol Selected and for all the Open Positions of the specific Symbol Selected.
2) Monitor Gross P/L of Selected Multiple Symbols and for the Multiple Open Positions of the Selected
SYMBOLSSS3) Profit level for Close Orders is OK... Here User Inputs the Gross P/L i.e. $500.00 and this works as Take Profit Limit. When all selected symbols sum=Users Input Value, All Open Positions are Exited with the Gross P/L (Monetary Profit) User Entered being realised.
Now:
Type of Profit Level, This is not only misleading, but does not require to be there! User Can Input negative Gross P/L and this would then work as a Close Stop Loss Strategy. When all selected symbols sum=Users Input Value, All Open Positions are Exited with the Loss tolerance Entered by the User.
Moreover, presently if User Selects Type of Profit Level: BELOW, User has to Input minus sign before the Monetary Value anyway! This if User wants to use this as a Stop Loss Close Strategy. And of course one has to figure this out, as no guiding reference is made anywhere.
Lastly, if all the Above are taken into consideration, further to being able to Select ALL or ONE Symbol, User must have the Option to Select any number of Symbols according to need.
"Ctrl Select" SymbolsNevertheless, if the purpose of this development or Strategy is just meant to be here as an example of what can be done, it is a good example.
This remark was posted after the update of the first attempt or version of the Strategy Posted above this Post.
Just my 2 cents.
Regards
Ancient
Thinking is the hardest work there is, which is the reason why so few engage in it! - "Henry Ford"