equivalent of OrderCloseBy in cTrader cAlgo

Created at 11 Dec 2024, 10:51
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
VI

viatrufka

Follow

Joined 05.02.2024

equivalent of OrderCloseBy in cTrader cAlgo
11 Dec 2024, 10:51

Let's say I create a long position and I want to place short limit order with the same volume, so when the market falls, my position is being closed at limit price. 
How can I create that behaviour in cBot? When I try to place my limit order it creates a new position instead of closing the existing one. I'm interested only in closing my position at specific price.

@viatrufka
Replies

PanagiotisCharalampous
11 Dec 2024, 11:46

Hi there,

It is not possible to do this using cTrader Algo API.

Best regards,

Panagiotis

@PanagiotisCharalampous
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
cTrader Ltd offers through its group of companies the cTrader platform. The information on this website is for general informational purposes only and does not constitute financial or investment advice. cTrader does not solicit retail investors. Reliance on this information is at your own risk.