Comment on algoZ- a simple example

Nithin Kamath commented on 24 Jun 2013, 01:46 PM

Srinivas, didn’t get your question completely,

when you click, act on alert the order will be placed as you had desired.

If you have placed a stop loss preference on alert preference, SL order will be placed. If it hasn’t placed, can you send that snapshot with your client id. We will double check this.

Evaluate as tick is to define whether order placement should happen on candle completion (which will happen if evaluate as tick is ticked).

The various options:

1. 2. 3. 1. 2. 3. 4. 5.
This field is applicable if the checkbox for Place from Signal Price is ticked. The user must define whether the limit price should be picked from the close, open, high or low price of that interval.
Evaluate as Tick
If the checkbox for Evaluate as Tick is ticked, the algo will evaluate the script at every tick, and place orders, whenever its condition is satisfied at that tick, instead of waiting for the interval to complete. The algo will place only one order, per interval, in either case, that is, either with evaluate as tick or without evaluate as tick.
Price Offset
The user can enter a price offset to make the orders more active.
Stop Loss Order – Trigger Price %
The user can enter a stop loss trigger percentage for the algorithm to place a stop loss order along with the buy (long) or sell (short) order.
When the user clicks on Submit, the algo will start evaluating the script, or pause its execution until the Start Time is breached.
The Alert Preference window will get closed.

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