PlaceMarketOrder

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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.