I'm trying to write a program using the Sterling Trader Pro API to automatically cut an open position if it reaches some MAX_LOSS value. Curious if anyone here has already done that and doesn't mind sharing their code? I'd greatly appreciate it!
I tried this in the API when I was trading multiple positions, but there would be too much lag. I found that just keeping an eye on it is the best way to do it.
If you happen to still have the code, would you mind sharing it? I'm more interested in using it to add a buffer to my own discipline
I can share it, but it is in Tradelink/C#, not in Sterling API code. Unfortunately Tradelink is no longer supported, and I now only use it to set intraday limit and stop orders.