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Profit Targets & 'Exit on Close'

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    Profit Targets & 'Exit on Close'

    Hi:
    In backtest mode, when 'Exit on Close' is set to false, it would appear that the Profit Target function is no longer valid for all days after the entry order was executed, i.e. if profit target set to 100 points and order executed on Monday.........if profit target hit on Monday, order would close, but if profit target hit on Tuesday, Wednesday, etc. the trade would remain open. pls could you clarify this ?

    thx
    David

    #2
    This is dependant on the order TIF that is used in a backtest. If set to "DAY" it would cancel at the end of Monday, if set to "GTC" it will remain working. This is set near the bottom of the Strategy dialog window when running a backtest.
    RayNinjaTrader Customer Service

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      #3
      thx for the quick response - should have seen that myself.
      David

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