I have a question regarding the "Profit/Loss" condition block that comes with PowerPack. When I am running a live strategy using the Strategy Monitor, what information is the strategy using to determine the Profit/Loss of an active position?
My assumption is that this all relies on the Backtest data, which won't necessarily coincide with the "Fill Price" shown in the Order Manager, or the "Basis Price" shown in the Accounts table, correct?
Is the behavior of this condition block affected by the new "Use Live Positions" preference?
My assumption is that this all relies on the Backtest data, which won't necessarily coincide with the "Fill Price" shown in the Order Manager, or the "Basis Price" shown in the Accounts table, correct?
Is the behavior of this condition block affected by the new "Use Live Positions" preference?
Rename
That's right, it's based on the theoretical backtest data only, unless you use Live Positions Preference in Trading Preferences. For Live Positions only, in the SM, the backtester will pull your actual live positions for the broker for the last bar of data only. Not all brokers return a fill price though, so the position entry price might not correspond to reality. Going forward on a bar-by-bar basis, the Live Positions will observe and use the fill price it observes.
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