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Disabling ExitOnClose trades

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    Disabling ExitOnClose trades

    Hi,

    I'm having some troubles with a strategy in Unmanaged mode: Even though I have only a single buy order, I'm getting an Exit on Close trade that I don't want/need.

    How can I get rid of it?

    I've attached a screenshot of the chart and my strategy's code. The order is entered on line 90 in the .cs file.

    Code:
    			// Enter long trade
                if (Close[0] > trend && 
    				Close[0] >= MAX(Close, Per_Long_BO)[0] &&
    				iSignalL != 1)
                {
                    Print(CurrentBar + ", Enter long trade=> Close: " + Close[0] + " || trend: " + trend + " || othercondition: " + MAX(Close, Per_Long_BO)[0]);
    				iSignalL = 1;
    				entryOrder = SubmitOrder(0, OrderAction.Buy, OrderType.Market, DefaultQuantity, 0, 0, "", "Enter Long");
                }
    Thanks,
    D
    Attached Files
    Last edited by doculik; 08-22-2011, 08:29 AM. Reason: Added more detail

    #2
    Hello,

    Thanks for the forum post.

    The only reason this should happen is if you have the feature enabled when you start the strategy. It is an option when you are configuring the parameters to start the strategy.

    When you start the strategy in backtest or live be sure to set Exit On Close to False.

    Let me know if I can be of further assistance.

    Comment


      #3
      Hi,

      Thanks for that, it's working like I wanted it. I figured it must've been something obvious like that...

      Thanks again,
      D

      Comment

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