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Using Limit entry, how to know if entry was execute - Multicharts


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  #11 (permalink)
 arjfca 
Montreal, Canada
 
Experience: Intermediate
Platform: Multicharts
Broker: Interactive Broker
Trading: Forex
Posts: 263 since Sep 2010
Thanks Given: 440
Thanks Received: 91

Jeff... many thanks


Quoting 
As for your most recent post, I may be confused, but this is my understanding. You are entering on limit orders correct? You want to verify that each limit order was actually filled, correct? Is this what you mean when you say you want a "flag" to confirm an entry? If this is true and you know how many contracts you place at each entry point than you can use currentcontracts to interrogate how many of your limit orders have been filled. Am I understanding you correctly?


Orders are either"limit, or "stop if bid" Meaning, a target to be reach. easy for me to manually manage on medium time scale. If targer not reach, cancelled them.

A "flag" is a deformation from my work with microcontroler where a flag or an indicator is raised after the completion of a task. A communication channel between interface and microcontroler.

I understand the principle to look indirectly for the currentcontract at the beginning and at ending of a bar. Using my experience with (microcontroler controled process, i was looking for a direct responce from MC


I will try your little code and see if money keep rolling for me. If it does, you could sure that i wont forget you. I never make any money over somebody else.

Have a great day

Martin

Please excuse my bad English as I'm more fluent in French


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  #12 (permalink)
 arjfca 
Montreal, Canada
 
Experience: Intermediate
Platform: Multicharts
Broker: Interactive Broker
Trading: Forex
Posts: 263 since Sep 2010
Thanks Given: 440
Thanks Received: 91

After some chat with MC, it seems that the solution migth be to use the Synchronisation mode.

In this mode, MC will wait for a confirmation from broker before modifying is value.

HTML Code:
[LEFT]Synchronous Mode for Auto Trading
The synchronous auto trading mode (SA) is a mode where entry/exit arrows are plotted on the chart only after orders have
been executed at the broker.
The synchronous auto trading mode ensures avoiding discrepancies between the market position on the chart and the market
position at the broker. The following conditions must be met in order for the synchronous auto trading mode to work properly:
1. The same symbol cannot be traded from more than one chart. Trading the same symbol from two or more charts
will cause a market position conflict between the charts.
2. The market position at the broker must be 0 at the time when auto trading is launched.
3. A trader must not trade the symbol directly through the broker’s platform while trading the same symbol through
MultiCharts platform.[/LEFT]
4. At the moment of connection loss, the broker did not send notifications about complete order filling or cancellation.
Did not try it yet

Martin


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Last Updated on November 24, 2010


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