Exit Order functions are most often used in the Exit Orders script section in a system's Exit Block. These Broker functions are the primary method that generate exit orders that reduce the number of units in a position, or reducing the quantity of contracts/shares in a position.
Market On Open Orders |
Descriptions: |
---|---|
Exit all units on the open |
|
Exit the specified unit on the open |
|
|
|
Stop Open Only Orders |
Descriptions: |
---|---|
Exit all units on the open if market hits specified price |
|
Exit the specified unit on the open if hits specified price |
|
|
|
Limit Open Only Orders |
Descriptions: |
---|---|
Exit all units on the open if market exceeds price |
|
Exit specified unit on the open if the market exceeds price |
|
|
|
Stop Orders |
Descriptions: |
---|---|
Exit all units any time if the market hits specified price |
|
Exit the specified unit any time if the market hits specified price |
|
|
|
Limit Orders |
Descriptions: |
---|---|
Exit all units any time if the market exceeds specified price |
|
Exit the specified unit any time if the market exceeds specified price |
|
|
|
Market On Close Orders |
Descriptions: |
---|---|
Exit all units on the close |
|
Exit the specified unit on the close |
|
|
|
Stop Close Only Orders |
Descriptions: |
---|---|
Exit all units on the close if market hits specified price |
|
Exit the specified unit on the close if market hits specified price |
|
|
|
Limit on Close Orders |
Descriptions: |
---|---|
Exit all units on close if the market exceeds the specified price |
|
Exit the specified unit on close if the market exceeds the specified price |
When the Broker Object is out of the context of its default context scripts, the AlternateBroker object should be used to execute any of the Broker Object Entry and Exit Functions. AlternateBroker has the same functions and properties as the Broker Object and will work in the same way.
Edit Time: 9/13/2020 3:45:52 PM |
Topic ID#: 322 |