is there an other word for EL ExitLong ?

Questions about MultiCharts and user contributed studies.
guest

is there an other word for EL ExitLong ?

Postby guest » 27 Jul 2007

is there an other word for EL ExitLong ?


regards

Guest

Postby Guest » 27 Jul 2007

Buytocover :P

Guest

Postby Guest » 27 Jul 2007

sellshort = initiate sell

sell = cover long

buy = initiate long

buytocover = cover short

Guest

Postby Guest » 27 Jul 2007

sellshort = initiate sell

sell = cover long

buy = initiate long

buytocover = cover short

pardon my question, I haven't got to autotrade yet, this is new to me.

if my system has triggered a statement to "SELL", does MC do the following:

1. look to check if I have a long open position before "selling"?
2. and if I don't have a long open position, MC would ignore the "SELL" statement?

thanks in advance for your answer.

Guest

Postby Guest » 01 Aug 2007

sellshort = initiate sell

sell = cover long

buy = initiate long

buytocover = cover short

pardon my question, I haven't got to autotrade yet, this is new to me.

if my system has triggered a statement to "SELL", does MC do the following:

1. look to check if I have a long open position before "selling"?
2. and if I don't have a long open position, MC would ignore the "SELL" statement?

thanks in advance for your answer.


I guess MutliCharts is not ready for real money autotrade yet.

User avatar
Marina Pashkova
Posts: 2758
Joined: 27 Jul 2007

Postby Marina Pashkova » 09 Aug 2007

Hello,

1) MC does not support the ExitLong word anymore. Use Sell instead.

2)

sellshort = initiate sell

sell = cover long

buy = initiate long

buytocover = cover short

pardon my question, I haven't got to autotrade yet, this is new to me.

if my system has triggered a statement to "SELL", does MC do the following:

1. look to check if I have a long open position before "selling"?
2. and if I don't have a long open position, MC would ignore the "SELL" statement?

thanks in advance for your answer.


Sell is used to close long positions. To make a 'reverse' and go into minus SellShort is used.


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