Sell and Short (or Cover and Buy) on same bar

Author: kbellare

Creation Date: 3/29/2015 1:12 PM

Wealth Lab » WealthScript (.NET) » Sell and Short (or Cover and Buy) on same bar

kbellare

3/29/2015 1:12 PM

Hi,

I have some SellAtLimit[bar+1] and SellAtMarket[bar+1] closing orders.
How do i Short at the same bar I Sell? Using the "IsLastPositionActive" condition to submit new Short opening orders causes me to enter a bar too late and makes the trade unprofitable, because my opening orders are ShortAtLimit[bar+1] or ShortAtMarket[bar+1], as recommended.

Pl advise sample code for detecting Sell and using this to Short in the same bar.

CODE:
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Eugene

3/29/2015 2:15 PM

Same bar AtLimit and/or AtStop orders are not realistic. Please look at this FAQ > I want to test a strategy that buys and sells with stop/limit orders on the same bar.

P.S. The order of exits, i.e. SellAtLimit preceding SellAtMarket, is too optimistic. You might want to fix it in accordance with the WealthScript Programming Guide > Programming Trading Strategies > Peeking > Order of Trading Signals.