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I've confirmed that it does, in fact, work properly on historical data.
My concern is not that I need to depend upon the "signal" to exit a position
(I produce a 5-minute warning alert for that purpose), but that I need
TradeStation to exit the trade in order not to screw up its position data or
subsequent trades.
Best regards,
Carroll
> I don't think it will work for an early close day as it probably uses
> session time to exit but it works fine for a regular day. At least it
> worked today in one of my systems.
>
> The only minor problem is you get the signal after the close and that
> makes it very difficult to enter the order on most securities.
>
>
> Jimmy Snowden
>
> MG> At 01:33 PM 01/29/2003, ax wrote:
>
> >>>Carroll
> >>>Faced with the same problem I found "SetExitonClose" worked for me
> >>
> >>Okay, I admit it. I've never watched SetExitOnClose in action in
real-time on an early close day. I know it works on a historical chart, but
does it really exit on time on an early close?
>
> MG> No one has answered that question yet... So I looked into it on the
TradeStationWorld forum.
> MG> Here's the result in a nutshell:
> MG> As for SetExitOnClose, never use this in real-time trading, it will
not work!
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