reverseLong/Short side effects

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reverseLong/Short side effects #466783 07/02/17 17:41 07/02/17 17:41
Joined: Dec 2013 Posts: 568 Fuerth, DE Sphin OP User
Sphin OP User Joined: Dec 2013 Posts: 568 Fuerth, DE	Examining some strange behaviour of a script I read following in the remarks of the enterLong-etc-page in the manual: Quote: reverseLong/Short are helper functions ... If Stop, TakeProfit, or ExitTime is used, open trades in the same direction are updated with the new stop loss and take profit values ... Unlike enterLong/Short Stop and TakeProfit seem to influence also open trades. If I have: Code: int TMF() { // modify Stop/Takeprofit if some conditions are met } function run() { ... Stop = 250 * PIP; TakeProfit = 550 * PIP; ... reverseLong(1, TMF); ... reverseShort(1, TMF); } Will Stop and TakeProfit be (re)set to the values from the run function (250/550 * PIP) each run if not modified by the TMF?

Re: reverseLong/Short side effects [Re: Sphin] #466801 07/03/17 09:44 07/03/17 09:44
Joined: Jul 2000 Posts: 27,986 Frankfurt jcl Chief Engineer
jcl Chief Engineer Joined: Jul 2000 Posts: 27,986 Frankfurt	Yes, in fact those side effects are the main reason for the reverse functions. When a trade signal is triggered, but no new trade is opened since the maximum of trades is already reached, you normally want to update their stop and profit targets to the current price level. So they behave as if just opened. If this is not desired, then simply use something like if(NumOpenLong < MyLimit) enterLong(); instead of the reverse functions.

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