How use the reverse trade position actions XLREVERSE CSREVERSE in a system

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ktm_520
Last seen: 11 months 3 weeks ago
Joined: 06/19/2014 - 00:00
How use the reverse trade position actions XLREVERSE CSREVERSE in a system

I have been trying for quite awhile to get a trading system to reverse position when a stop is hit but I am unsure how to go about that. For example, when a long stop is hit want to reverse the position by entering a short. I have tried using the action XLREVERSE when a long stop is hit for example, but I am unsure how exactly I should be doing that.

By default the trading system is doing its job by reversing the position, but the target is a random value that is not my default target. Do I need to create an additional trading rule for that action, if so how would I got about that?

In my initial longentry rule I have set my stop for the long with SET(V#16, CL - 19 * TINC) with the rule price being last while the action is set to BUY.

Then in the longstop exit signal I have LO <= V#16 OR TIME > 1229 with the rule price being V#16 while the action is set to XLREVERSE. Then I then added SET(V#79, CL - 19 * TINC) in that longstop exit signal.

I tried creating another trading rule positioned below the longstop rule to exit the position by using LO <= V#79 OR TIME > 1229 with the rule action set to COVERSHORT at V#79, but it doesn't trigger at that value.

I am unsure where I am going wrong with the rules.

I would appreciate any help I can get.

Thanks in advance!

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