Discretionary Trading

Questions about MultiCharts and user contributed studies.
elaskaris
Posts: 17
Joined: 31 Mar 2008

Discretionary Trading

Postby elaskaris » 20 May 2008

Hey all,

I've created a strategy using close data to generate buy and sell signals I plan use in a discretionary fashion for trading. The problem that I have is knowing in advance whether a signal has been generated on TODAY's close for TOMORROW's open.

For example using the "stoploss" function on close data may generate a sell signal on tomorrow's open, but how can I preview order without having to wait for tomorrow's open data? I would like to enter buy/sell signal the night before the market opens.

Any help would be much appreciated.

Thanks,
Evan

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

Postby Marina Pashkova » 20 May 2008

Hi Evan,

In the current version of MultiCharts, there is no way to do so.

Regards.

elaskaris
Posts: 17
Joined: 31 Mar 2008

Postby elaskaris » 20 May 2008

Hmmm. That's too bad. Any ideas on a work-around that would accomplish my intention?

elaskaris
Posts: 17
Joined: 31 Mar 2008

Postby elaskaris » 20 May 2008

Nevermind. I will manually rewrite all the built-in stoploss functions I'm using, and I'll include a message output to the log when stop conditions are met. That way I can get my buy or sell signals the night before planned execution.


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