Detailed overview of Dukascopy API order and positions with stop loss and take profit

(Last Updated On: September 23, 2017)

Complete overview of Dukascopy API order and positions with stop loss and take profit

I wondered what exit strategies people use in their trading. I posted this on various Facebook entities I administer. I posted this:

Who uses either stop loss and/or take profit only on their exits only? What other techniques have you used in an automated trading setting?

I got these comments:

I use trailing stops on nearly all trades… I break up my sells and trail stops a little different for each block… I don’t automate trading – I wish I could learn it, but its too much for me to learn by myself…

always have a limit order for exit, it’s the only way you can predict your losses therefore have a strategy, if you don’t cap your losses how can you have a profitable strategy?

 

I am interested to know what you use. I had many dialogues over this but things may have changed since then.

 

I also posted this video lately regarding the API. If you missed the memo, I have found Visual JForex can generate really ugly Java code as part of your strategy. In fact, I would consider it even useless or beginners if they want to advance their own programming skills.

 

Right now, I am focused on the stop losses right now for exit strategies. As a result, I made a video on this as usual. Also, note that I do plan to use regression for entry as hinted in another previously sent video as well. In short, just take a look at my most recent videos found in my Dukascopy playlist on my Youtube.com/quantlabs channel.

I got deep on these different scenarios which means I will use various techniques for my exit strategy needs http://quantlabs.net/blog/2017/09/complte-overview-of-dukascopy-api-order-and-positions-with-stop-loss-and-take-profit/
Remember I got my affordable video course series on these topics if you want to learn what I am applying here with Dukascopy.
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Dukascopy Visual JForex for NON programming to do algo forex trading
Dukascopy Visual JForex for NON programming to do algo forex trading
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About The Author

caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs