Support Board
Date/Time: Tue, 26 Nov 2024 13:22:48 +0000
When scaling into and then out of positions, BE button sets stop at wrong location
View Count: 308
| [2023-11-22 20:00:47] |
| Ifrit - Posts: 51 |
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Example: I am long 1 NQ contract @ 15,000. I add another 1 NQ contract @ 15,020. Current average price is 15,010 on 2 NQ contracts (displayed correctly on chart). I close 1 NQ contract @ 15,030, for 10 points of profit. I use Last in, first out matching on the chart trade window, so the 2nd contract is exited first. Current position (displayed correctly on the chart): 1 long NQ contract @ 15,000. Open position P/L: 30 points (also displayed correctly) When I hit the "BE" button, the breakeven feature sets the stop to the flat/flat average position price + offset, which in this case is 15,010 + offset, even though the 2nd contract has already been closed. How do I get the "BE" button to set the stop loss to the current open position entry + offset, which in this case should be 15,000 + offset? Date Time Of Last Edit: 2023-11-22 20:23:19
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| [2023-11-23 12:02:43] |
| Rui S - Posts: 190 |
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Ifrit, In your DOM or chart, go to "Chart Trade Settings" / "General" / "Always Use Position Average for Reference Price for Break Even Command" and set it to "Yes". See if that resolves your problem. |
| [2023-11-23 19:23:54] |
| Ifrit - Posts: 51 |
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Problem solved. Thanks Rui! Spent 2 hours going through menus/toggles and didn't think that this item would have been it. Have a good one.
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