using buyMarket within an efs

[shaner]

buyMarket buys into a long position. sellMarket sells out of a long position. sellShortMarket sells into a short position. But there doesn't seem to be a command for buying out of a short position. Any ideas?

[eSignal_JasonK]

Hello Shaner,

You can use closePostion() or any buy...() function to close a short position.

[shaner]

OK, thanks. I can't get buyMarket to cover a short position. But, as you suggested, closePosition works and I think that will take care of what I need.

[eSignal_JasonK]

Hello Shaner,

Which broker are you using? Also, what are the eSignal and Broker plug-in build numbers you are using?

[shaner]

I'm not hooked up between eSignal and my FCM (ADMIS) until I have finished testing; so for now am just paper trading this.
eSignal: 10.4.1540.1035
Broker plug-in: ?? How do I tell?

[maxmax68]

Generic Broker Functions Clarifications

Hi,
please before trading with real money I need some clarifications. I read the EFS Glossary but it was not enough.
buyMarket to open a long position.
sellMarket to close a long position.
sellShortMarket to open a short position.
closePosition to close long or short position.
Correct ???
If I am long and want to reverse to a short position or I'm short and want to reverse to long position what kind of generic broker function have to use ???
Thanks.
Massimo

[shaner]

I am using the following, as you listed:

buyMarket to open a long position.
sellMarket to close a long position.
sellShortMarket to open a short position.
closePosition to close long or short position.

There does not seem to be a buyXXXXX that will buy out of a short.

As to being long and wanting to reverse to a short, I am first using closePosition and then using sellShortMarket.

As to being short and wanting to reverse to a long, I am first using closePosition and then using buyMarket.

For now, I am using eSignal to just give me the signals that I then enter into my software at ADMIS (JTrader). I have not figured out how to connect between eSignal and JTrader but I understand that maybe we can't do that yet??