Support Board
Date/Time: Sun, 24 Nov 2024 23:44:56 +0000
[Flatten Positions When Loss Rules Met] with varying commission rates.
View Count: 339
| [2024-04-11 21:51:19] |
| User740504 - Posts: 110 |
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I want to use "Global Settings-> Global Profit/Loss Management->Flatten Positions When Loss Rules Met". I trade multiple products. Each product has a different commission rate. Therefore, I cannot use "Global Settings->Symbols Settings->Use Global Round Turn Commission". The commission rates are currently not added to the daily loss limit, so had I not manually stopped trading today, the current value in the "Loss Trigger Value" would not have been hit. How do I make sure that the system auto-liquidates all positions and locks me out once: [Starting Account Balance] - [Current Account Balance] > Loss Trigger Value? Date Time Of Last Edit: 2024-04-11 21:52:20
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| [2024-04-11 22:10:44] |
| John - SC Support - Posts: 36238 |
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The "Global Profit/Loss Management" feature does not take into account commissions. It is not something that will be changed.
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| [2024-04-11 22:37:44] |
| User740504 - Posts: 110 |
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Ok thanks.
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| [2024-04-13 07:37:18] |
| User61168 - Posts: 403 |
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User740504 - my 2 cents. I don't use "Global Profit/Loss Management" feature. I calculate net profit/loss including commissions via alert formula. Same is the case with flatten @ daily max profit/loss, timestop at session close, catastrophic loss etc. I also pad my pnl with couple of ticks to account for slippage,gaps etc. Works pretty well.
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| [2024-04-16 21:02:44] |
| User740504 - Posts: 110 |
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Thanks. I was hoping it was built in but if I need to make it myself so be it.
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