Hi,

I have been using the below code snippet in both historical testing and on live account trading to close out trades (set a tighter stop loss and take profit) after a pre-determined duration. In the last one or two weeks, this mechanism has stopped working (again both in testing and live). What can have caused this? Has a version updated changed any of the functions called? I have not amended the snippet and there should therefore be no problems on my side.

// CLOSING POSITION AFTER PRE-DETERMINED DURATION
if(period == period.THIRTY_SECS ){
for (IOrder orderInMarket : engine.getOrders()) {
Calendar tradeDate = Calendar.getInstance(TimeZone.getTimeZone("UTC"));
tradeDate.setTimeInMillis ( orderInMarket.getFillTime() );
MaxDurationMills = (MaxDuration*60*60*1000);

if ((orderInMarket.getState() == IOrder.State.FILLED)
&& (bidbar.getTime() >= (orderInMarket.getFillTime() + MaxDurationMills) ) ) {
if (orderInMarket.isLong()) {
orderInMarket.setStopLossPrice(askPrice - instrument.getPipValue() * 20);
orderInMarket.setTakeProfitPrice(askPrice + instrument.getPipValue() * 20);}
else if (!orderInMarket.isLong()) {
orderInMarket.setStopLossPrice (bidPrice + instrument.getPipValue() * 20);
orderInMarket.setTakeProfitPrice(bidPrice - instrument.getPipValue() * 20);
}

}

}
}

Please provide an example strategy in which this snippet works (it uses a lot of variables that are not in the snippet). Please also provide the launch scenario (strategy configuration parameters, Historical tester settings, etc.).

Dear Support,

I have identified the error, which was in my code (a parameter was coded as 'private' where it should be 'public'). For information to other traders, here is attached my code to time-out trades after a predetermined period + to calculate position size based on value-at-risk as a percentage of equity.