How can i check if a stop loss was executed

PanagiotisCharalampous
17 Oct 2017, 09:49

Hi frapetim,

Thanks for posting in our forum. What exactly do you need to check? That the position was closed in general or that it was closed because SL was triggered?

Best Regards,

Panagiotis

frapetim
18 Oct 2017, 12:52

Hi and thanks for your interest.

Basically, I need to the algo to react whenever a position is closed with a stop loss. As soon as this happens the algo must do a series of other action.

I have looked into 

PositionClosedEventArgs

 that seems to be the closest thing i could use but i haven't been able to figure out how to use it to scan if a stop loss has been hit.

I hope it makes sense to you.

Thank you

Fran

PanagiotisCharalampous
18 Oct 2017, 15:36

Hi frapetim,

Currently there is no easy way in cAlgo to know if a position was closed because a stop loss was triggered. You will need to write custom code yourself to track this. You can add a suggestion in the Suggestions section of the forum for the product team to consider.

Best Regards,

Panagiotis

lakshanperera1313
18 Jul 2020, 13:12

Now there is a way with new cAlgo API updates

        protected override void OnStart()
        {
            // Subscribe to the Trade Closing event
            Positions.Closed += OnPositionsClosed;
        }


        private void OnPositionsClosed(PositionClosedEventArgs args)
        {
            // check if the position has been closed due to stoploss or takeprofit or any other(stop out etc)
            if(args.Reason == PositionCloseReason.StopLoss)
            {
                Print("Position has been closed due to Stop Loss");
            }
            else if(args.Reason == PositionCloseReason.TakeProfit)
            {
                Print("Position has been closed due to Take Profit");
            }
        }

With the new cAlgo API, the reason for position closing can be checked as shown above.

Hope this helps someone who has the same question.

All the best!