I have couple of questions regarding an automated strategy that runs on daily prices. For this example, I will use the simple SMA cross-over.
1. I'm adding the strategy to the strategy tab and I enable it. When should I expect to get the order if there's a cross-over that day? Will it show on the following open?
2. What happens between sessions? If I need to restart the application/machine. Will it 'remember' the state of the strategy and execute the order at the open [if there's a cross-over on the day before, when the strategy was running]?
3. What happens if I'm 'late' to the market, and run the application after the open, assuming it was running the day before and there was a cross over at the close. Will it still try to execute the order?
4. And on a side note. I have multiple strategies with multiple instruments. Some of them are yellow shaded and some are green - in the strategy tab. What's the difference?
Thanks!
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