recovery from crash

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recovery from crash

Postby lawrence124 » 01 Nov 2012

hi, i think this has been asked before, but i can't find the thread, so sorry for repeating.

just want to know, what is the suggested way to recover from crash? say, i've outstanding positions, is it possible to sync the position with the signals after crashes?


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Andrew MultiCharts
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Re: recovery from crash

Postby Andrew MultiCharts » 01 Nov 2012

Hello lawrence124,

If your strategy had active orders before the crash and the orders are still live at broker, you will need to cancel them manually. Because when you turn on automation back again, the strategy will not work with those pending orders, it will work only with new orders, what can lead you to possible overfill.

You need to find out what is your current position, amount of open contracts and average entry price if you are not flat and use this information to sync the strategy on start.

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