problem , order reverse , open issue

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fibdax
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problem , order reverse , open issue

Postby fibdax » 19 Oct 2011

I have a problem with the reverse order.
If you can read my issue if you help me understand
wrong in something.

https://www.multicharts.com/pm/viewissue ... _no=MC-662

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Henry MultiСharts
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Re: problem , order reverse , open issue

Postby Henry MultiСharts » 20 Oct 2011

This issue's type has been changed to 'Feature Request'.
"Sellshort" is used to reverse. if you want to close long position, use "sell".
Buy -> Sell
Sellshort -> Buytocover
In TS it works different way than in MC:
---
Assume, that a signal entered long by 2 with 2 contracts and reverse orders are generated.
The script generates following reverse orders:

Code: Select all

If Marketposition > 0 then
begin
 Sell short("sell1") 1 contract next bar at 28 limit;
 Sell short("sell2") 2 contract next bar at 29 limit;
 Sell short("sell3") 3 contract next bar at 30 limit;
end;


MC will send to broker the following:
sell 3 contracts @ 28 limit
sell 4 contracts @ 29 limit
sell 5 contracts @ 30 limit
TS will send the following:
sell 1 contracts @ 28 limit
sell 2 contracts @ 29 limit
sell 3 contracts @ 30 limit
sell 2 contracts @ 28 limit

fibdax
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Re: problem , order reverse , open issue

Postby fibdax » 20 Oct 2011

From your words I understand you are asking to transform the procedure as it is in TS, actually MC solution leaves some doubts as to place the same additional quantity at every level is sort of nonsense, in case of fast move of the market all contracts would be executed leaving an excessive quantity of contracts in the market

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Henry MultiСharts
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Re: problem , order reverse , open issue

Postby Henry MultiСharts » 21 Oct 2011

We understand your point, Sir. We are planning to implent a feature in one of future versions of MC that will allow you to choose between how it works now in MC and and how it works in TS. There is no ETA yet, but according to initial estimation it may be implemented in 2-3 months, Sir.
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fibdax
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Re: problem , order reverse , open issue

Postby fibdax » 25 Oct 2011

I hope you are aware of the importance of this feature, I want to stress again how dangerous present solution is in case of fast market, there is no logical reason to place orders as MC is currently doing so I really hope the possibility to chose the reverse procedure will be implemented ASAP
thanks,bye

vking
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Re: problem , order reverse , open issue

Postby vking » 26 Oct 2011

agree on this.

Also an important bug at present is - unable to place and preserve the queue for multi-target order (https://www.multicharts.com/pm/viewissue ... _no=MC-454).

I would think this should be prioritized. At present moving on to a different platform for automated strategies from MC due to these serious limitations of MC ( though I like every other aspect of MC).

Thanks
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