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Magic Number?

 
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philBell



Joined: 23 Jul 2009
Posts: 25
Location: Brighton, UK

PostPosted: Fri Aug 14, 2009 5:10 pm    Post subject: Magic Number? Reply with quote

In the Strategies API, there's an OrderMagicNumber function. What's the "magic number" for, please?

Phil Bell
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Terranin
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Joined: 21 Oct 2006
Posts: 831

PostPosted: Fri Aug 14, 2009 5:13 pm    Post subject: Re: Magic Number? Reply with quote

philBell wrote:
In the Strategies API, there's an OrderMagicNumber function. What's the "magic number" for, please?

Phil Bell


This is an analog of MetaTrader's MagicNumber. You can define this parameter for any order and then separate orders by this value. For example one group of orders has MagicNumber = 1, another group has MagicNumber = 2. So, when you want to close only orders from group one, you can separate them from group 2.

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Mike
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philBell



Joined: 23 Jul 2009
Posts: 25
Location: Brighton, UK

PostPosted: Sat Aug 15, 2009 10:14 am    Post subject: Reply with quote

Thanks. I'm in the UK, where spreadbetting is tax free whereas purchases/sales have an 18% tax on profits, so I'm not a MetaTrader user, whereas it seems that most ForexTester users are?

Phil Bell
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Terranin
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Joined: 21 Oct 2006
Posts: 831

PostPosted: Sat Aug 15, 2009 2:23 pm    Post subject: Reply with quote

philBell wrote:
Thanks. I'm in the UK, where spreadbetting is tax free whereas purchases/sales have an 18% tax on profits, so I'm not a MetaTrader user, whereas it seems that most ForexTester users are?

Phil Bell


MetaTrader is a good product for trading and I made a similar API to easily move experts from/to. And some brokers in USA also start using this product and I think it will be more popular in future.

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Mike
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