StopTargetHandling

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StopTargetHandling

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Definition

Determines how stop and target orders are submitted during an entry order execution.

 

Property Value

An enum value that determines how the strategy behaves.  Default value is set to StopTargetHandling.PerEntryExecution.  Possible values are:

 

StopTargetHandling.ByStrategyPosition

Stop and Target order quantities will match the current strategy position.  (Stops and targets may result in "stacked" orders on partial fills)

StopTargetHandling.PerEntryExecution

Stop and Target orders will match the total entry execution. (Stops and targets may not match strategy position under a partial fill scenario)

 

Warning:  If your strategy executes to an Interactive Brokers or TD Ameritrade account, the StopTargetHandling will always be forced to .ByStrategyPosition

 

 

Syntax

StopTargetHandling

 

Tip:  The default strategy behavior is to match the order quantity used for the stops and targets to the overall strategy position.  However in cases where the strategy's entry order is partially filled, StopTargetHandling.ByStrategyPosition will result in a new set of stop loss and profit target orders for each entry execution.  If you would prefer all of your stops and targets to be placed at the same time within the same order, it is suggested to use StopTargetHandling.PerEntryExecution. However this may result in more stop and target orders being submitted than the overall strategy position in a scenario in which the strategy's entire entry orders are not filled in one fill.

 

Example

ns


protected override void OnStateChange()
{
    if (State == State.SetDefaults)
    {
        StopTargetHandling = StopTargetHandling.PerEntryExecution;
    }
}