How do you attach a trade management function to pending orders

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How do you attach a trade management function to pending orders #427068 08/01/13 16:20 08/01/13 16:20
Joined: May 2013 Posts: 245 S swingtraderkk OP Member
swingtraderkk OP Member S Joined: May 2013 Posts: 245	Hi all, Can someone explain the syntax for attaching a tick by tick trade management function to a pending trade. e.g. for cancelling other trades as soon as one is hit, or for pyramiding in once a trade has moved in your direction? Or is there another method to respond to events mid bar, events such as when pending trades are opened or when open trades are closed?

Re: How do you attach a trade management function to pending orders [Re: swingtraderkk] #427199 08/05/13 08:36 08/05/13 08:36
Joined: Jul 2000 Posts: 27,986 Frankfurt jcl Chief Engineer
jcl Chief Engineer Joined: Jul 2000 Posts: 27,986 Frankfurt	For cancelling other trades, use a global variable "CancelOtherTrades" that is set and evaluated by the TMF. Code: int MyTMF() { if(TradeIsPending and CancelOtherTrades == 1) return 1; if(TradeIsOpen) { CancelOtherTrades = 1; ThisTrade->manage = 0; // terminate the TMF } return 0; }

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