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Date/Time: Mon, 13 May 2024 12:51:23 +0000



Post From: unmanaged automated trading and MaximumPositionAllowed

[2017-06-20 15:18:07]
DabbaDo - Posts: 146
I'm doing unmanaged automated trading from ASCIL, and the MaximumPositionAllowed setting seems to be ignored.

This is consistent with what you said at Amount per trade (ACSIL) | Post: 78204 -- "For unmanaged automated trading, sc.MaximumPositionAllowed does not apply."

But when I look at the documentation, at Automated Trading Management: Unmanaged Automated Trading you say to set "MaximumPositionAllowed to the maximum Trade Position Quantity you want to allow for your automated trading system or set this to twice that Quantity to ensure MaximumPositionAllowed does not restrict order entry"

And at Automated Trading Management: MaximumPositionAllowed I don't see any discussion whether or not it applies to unmanaged automated trading.

So should I look for a bug in my study to see why MaximumPositionAllowed is being ignored, or is it *supposed* to be ignored?

Thank you,
Dale

[
By unmanaged automated trading, I mean that I'm using BuyOrder/SellOrder with these settings:
    sc.AllowMultipleEntriesInSameDirection = true;
    sc.AllowOppositeEntryWithOpposingPositionOrOrders = true;
    sc.CancelAllOrdersOnEntriesAndReversals = false;
    sc.AllowEntryWithWorkingOrders = true;
    sc.AllowOnlyOneTradePerBar = false;
]