Profit Target and Stop Loss Between Bars  [SOLVED]

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M747
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Profit Target and Stop Loss Between Bars  [SOLVED]

Postby M747 » 09 Feb 2016

Hello,
I ran the following 3 signals (that come with MC) all at once in Replay mode:
-"Bollinger Bands LE"
-"Profit Target"
-"Stop Loss"

For some reason the "Profit Target" and "Stop Loss" would only exit trades on Bars, but never in between bars.

Any idea why this is?

Thanks!

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JoshM
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Re: Profit Target and Stop Loss Between Bars

Postby JoshM » 10 Feb 2016

For some reason the "Profit Target" and "Stop Loss" would only exit trades on Bars, but never in between bars.

Any idea why this is?
Between bars, nothing happens. That's because, when the last tick of a bar is received, MultiCharts closes the bar. The next tick that's received immediately after that opens the next bar.

So because there is no trade and price action between bars, orders cannot be filled between bars.

* This does assume that you use a session template that has the same times as the instrument you're trading. In the case of a RTH template, then trades do happen of course between the last and first bar of the RTH session when the ETH session trades. I have to guess here that this is not what you mean?

M747
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Re: Profit Target and Stop Loss Between Bars

Postby M747 » 17 Feb 2016

thanks!


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