Expiration period of Stop Orders

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TRJ
Posts: 2
Joined: 10 Feb 2015 10:14

Expiration period of Stop Orders

Post by TRJ »

Is there any way to set the expiration period of a stop order placed with the function "SetLongTrigger/SetShortTrigger" beyond the completion of the candle which generated the signal?

Thanks in advance for your reply.
SurtiTrader
Posts: 6
Joined: 28 Jul 2014 06:52

Re: Expiration period of Stop Orders

Post by SurtiTrader »

I guess there is no such option available as far as my experience is concerned. I think you should restart the process to achieve it perfectly.
TRJ
Posts: 2
Joined: 10 Feb 2015 10:14

Re: Expiration period of Stop Orders

Post by TRJ »

Hi SurtiTrader,
Thanks for your comment, but I am not sure to understand what you mean with "restart the process". In an automated strategy, if the price doesn't hit the stop order during the first candle, the only way to restart the process is waiting for a new signal and the generation of a new order, but that's another story.
I would like to be free to set the expiration period of my order, but you are probably right and that's impossible for the time being, unless WHS decides to change this rule, which frankly I do not understand.
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WHS Support
Posts: 2443
Joined: 14 Feb 2013 10:27

Re: Expiration period of Stop Orders

Post by WHS Support »

Hi TRJ,

you must modify your indicator in a way that the MetaSentimentor keeps the value (eg. 100 or 0) as long as the entry conditions are valid. Example:
pic.jpg
I hope this helps.

Kind regards,
Timo
WH Selfinvest
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