Paper Trade with EFS

[philmar]

Hi there!

After some diffcult implementations of my own strategies, I'm now ready to test this witch the PaperTrade functionality of eSignal.
Could anyone help me, how to use the different functions.
I don't no whixg function I have to use in the differetn cases.
The basic help isn't really helpfull.

what should I implement the following snippets:

/* ther ist the buy/sell trigger */
if(buy){
trade.buyMarket("symbol",1);
}else if(sell){
trade.sellMarket(("symbol",1);
}

/* close trade when short or long */
if(isLong && stopTrigger){
trade.sellMarket(("symbol",1)
}else if(isShort && stopTrigger){
trade.sellShortMarket("symbol",1);
}

Is the code above correct?
Could I find any sample code in the forum?

Many thanks for yout answer!!!

Greetings
Markus

[Doji3333]

there are a couple of things..

you should consider as you impliment this code..

first, to BUY, you should pass a POSITIVE number of shares/contracts

second, to SELL (or close out a buy), you should pass a NEGATIVE number of contracts.

third, this method does not include commissions and slippage, so I suggest reducing the daily total by about 15% to make it realistic.

Here is a more realistic method of firing your trades.. If you need more help, let me know.

/* there is a buy/sell trigger */
if(buy){
  trade.Buy(getSymbol(),100,PaperTradeBroker.MARKET);
}else if(sell){
  trade.Sell(getSymbol(),-100,PaperTradeBroker.MARKET);
}

/* close trade when short or long */
if(isLong && stopTrigger){
  trade.Sell(getSymbol(),-100,PaperTradeBroker.MARKET);
}else if(isShort && stopTrigger){
  trade.Buy(getSymbol(),100,PaperTradeBroker.MARKET);
}