Efficiency on exit position

Hi guys,

my function run() is execute on BarPeriod = 1.
Each minute the function check my gain or loss and when reach a value exit on position.
I want ot guarantee that the value.

For istance: target value = 120

1 run --> value 100
2 run --> 119
3 run --> 80

but between 2 and 4 run has reached 140.How can I exit before without change the BarPeriod = 1. Is it possible?

Thanks

Use a TMF. It will be executed on every tick.
http://zorro-project.com/manual/en/trade.htm

A TMF runs on every tick. You can simulate it using the TICKS flag.

Or you can put your exit logic in tick().

Read these:
http://zorro-project.com/manual/en/trade.htm
http://zorro-project.com/manual/en/mode.htm#ticks
http://zorro-project.com/manual/en/tick.htm

thanks so much AndrewAMD

so, this means that also my strategy run each 1 min I can exit each tick with TMF function?

As long as you get tick data from your broker, yes

thanks so much for the support.

TMF working with tick I guess that this functions works in live trading and is not possible to test. Is it correct?

Use the TICKS flag.

So, with flag works also within backtest?

I insert the flag in the function run(), is it correct?


fantastic!!

thanks again

For backtesting the same applies as above. If you have tick data (T1 files) and set TICKS flag), then the tmf will run on every tick.

Hi Dalla,

thank for your support. I try to set set(TICKS) but in real when the position reach the amount that I want the position doesn't close.

Why? What I miss?

I setting the TICKS in function run() with BarPeriod = 1.

Can you help me with an example or with the code that I must write in my script?

When I think about it, you should be able to do what you want using TakeProfit, without a tmf.
Check here http://www.zorro-trader.com/manual/en/barperiod.htm

Hi Dalla,

but I want use BarPeriod = 1 but exit when the condition is verified.
Can you help me?

TakeProfit is evaluated on every tick

Under function tick() otherwise doesn't work for each tick under funcion run() 1 min

Pretty sure it works under the run() function as well, given that you set the TICKS flag as mentioned earlier in this thread

I'm testing il live and like you said doesn't works.
It works well under function tick()

You should probably put it in a TMF then.