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PlaceMarketOrder: Difference between revisions

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Places market order at the broker without position changing on the chart.  
Places a market order at the broker immediately after the script calculation without position changing on the chart.  
   
   
== Usage ==
== Usage ==
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== Notes ==
== Notes ==
* Works with auto trading turned on.  
* Works only with auto trading turned on.  
* Can be used as a mean of synchronization of strategy market position with a broker.  
* Can be used as a mean of synchronization of strategy market position with a broker.  
* Also see the related [[ChangeMarketPosition]] keyword.
* Also see the related [[ChangeMarketPosition]] keyword.


== Example ==
== Example ==
<syntaxhighlight>If MarketPosition = 2 then  
<syntaxhighlight>If MarketPosition*CurrentContracts = 2 and MarketPosition_at_Broker = 4 then PlaceMarketOrder (false, false, 2); </syntaxhighlight>
  PlaceMarketOrder(true, true, 2); </syntaxhighlight>


Will place buy market order for 2 contracts if current MarketPosition = 2.  
Will generate sell market order for 2 contracts to synchronize market position at broker with the strategy position.
 
Please refer to [[Trading_from_Multiple_Charts_on_One_Instrument#.21From_Strategy_To_Broker_MP_Synchronizer.21|!From Strategy To Broker MP Synchronizer!]] default signal for more examples.  
   
   



Latest revision as of 10:17, 23 April 2021

Places a market order at the broker immediately after the script calculation without position changing on the chart.

Usage

PlaceMarketOrder(IsBuy, IsEntry, Contracts)

Where:

IsBuy - indicates whether order is buy or sell;
IsEntry - indicates whether order is entry or exit;
Contracts - indicates the number of contracts/shares of the order.

Notes

  • Works only with auto trading turned on.
  • Can be used as a mean of synchronization of strategy market position with a broker.
  • Also see the related ChangeMarketPosition keyword.

Example

If MarketPosition*CurrentContracts = 2 and MarketPosition_at_Broker = 4 then PlaceMarketOrder (false, false, 2);

Will generate sell market order for 2 contracts to synchronize market position at broker with the strategy position.

Please refer to !From Strategy To Broker MP Synchronizer! default signal for more examples.