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Re: Stops & restarts
[Re: DdlV]
#424054
06/10/13 08:06
06/10/13 08:06
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acidburn
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acidburn
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How does Zorro handle stops & restarts?
In the event of a system crash, when Zorro restarts will it know where it was and what trades it had in progress? Yes, it will. What "state" will it put itself in before trying to resume and do additional trades, update stops, etc.? Zorro keeps a file which memorizes the open trades in Log directory. When you restart it, it will look for the file and recognize open trades and probably other stuff like the stops you mention. If it is known the computer needs to be taken down, what are the proper things to do before closing Zorro? Stop trading, but don't close the running trades (popups guide you in the process). The more this happens, the further trading results will vary from predicted, correct? So the goal is to run Zorro as continuously as possible? Sure. But, if you trade 4h timeframe, like Z1/2 do, it is relatively safe to do quick restarts. Especially if you can schedule restarts to the periods when the market is slow. I'm speaking from my experience, jcl may add more information.
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Re: Stops & restarts
[Re: jcl]
#424081
06/10/13 13:09
06/10/13 13:09
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Joined: Jun 2013
Posts: 1,609
DdlV
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Serious User
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OP
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Joined: Jun 2013
Posts: 1,609
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Thanks acidburn, jcl.
So, to summarize: On a restart Zorro will know what trades are open, download the missed price information, and resume processing (trading, adjusting stops, etc.) with the 1st/next tick/bar being "just another one", as if none had been missed? (Aside from the phantom trade reset.)
So the bottom line is short, infrequent, preferably on weekends stops are OK, but long outages are bad? Except on weekends when the market is closed - then it's OK to shut Zorro down completely (as long as you remember to restart it before the market opens again?! :))
Thanks.
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Re: Stops & restarts
[Re: jcl]
#424154
06/11/13 10:48
06/11/13 10:48
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Joined: May 2013
Posts: 245
swingtraderkk
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Member
Joined: May 2013
Posts: 245
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Thanks jcl, Any interruption however means that the trades are not controlled during that time. Stops are not hit and pending trades not entered. So, any interruption, except for weekends, is bad for the profit. Are the stops, limits & entries being controlled at each tick or only at the end of the bar period in question? I'm running a Z2 test on a laptop that has periodic loss of internet connection, am I OK if I schedule to be back in service for end of the 4hr bar period?
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