Comment on algoZ- a simple example

Sameer_Trader commented on 15 Nov 2013, 09:45 AM

In algoZ trading, Suppose the system puts a long order on exchange along with a stoploss and the stoploss gets triggered for below stratergy .So the long position is closed because of stoploss and not due to buy exit condition. Now when the sell condition becomes true at some point, will the system first execute buy exit and then opens short position? or does the system knows that the long is closed due to stoploss and only opens a short position?

Buy: EMA(Close,7)>EMA(Close,14) Sell: EMA(Close,7)<EMA(Close,14)

Buy exit: 0 Sell exit: 0

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