Hello Everyone. I wonder If there is a limit on the maximum position quantity for my strategy. But if the strategy uses a Limit Order, I can not determine which signals will ultimately be executed.
At this point, how should I manage it to avoid exceeding the maximum position quantity limit? Do I have to manage it manually?
At this point, how should I manage it to avoid exceeding the maximum position quantity limit? Do I have to manage it manually?
Rename
Run the Strategy from the Strategy Monitor, and select the option to Enforce Maximum Open Positions. Make sure you have a Max Open Position set in the Strategy Monitor position size configuration. Run the Strategy from the SM and send the signals to the Quotes tool, configured to Auto-Place. The Quotes tool will monitor prices and submit entries that get close to the target level, but not in excess of the Max Open Positions.
Come to think of it, I don't see a reason why this should not also work directly from the Strategy window signals tab, so I'll work on making that happen too.
Come to think of it, I don't see a reason why this should not also work directly from the Strategy window signals tab, so I'll work on making that happen too.
QUOTE:
The Quotes tool will monitor prices and submit entries that get close to the target level, but not in excess of the Max Open Positions.
@Glitch: if a signal is submitted since the price gets close to the target level, and then moves away, and there are other better candidates (e.g. other signals with closer price), will the submitted ones get replaced with new, better candidates? Or once a signal is submitted it will be there until either filled or EOD?
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