MultiCharts: Trading Software for Automated Trading and Backtesting

Hello,
in a old post I found this code Please, could you explain to me the conditional statement "if PlaceMarketOrder(True, True, value1) = True".

Best regards
Massimo

Hello,
in a old post I found this code

Code: Select all

if PlaceMarketOrder(True, True, value1) = True then
ChangeMarketPosition(value1, close, "Final Buy");

Please, could you explain to me the conditional statement "if PlaceMarketOrder(True, True, value1) = True".

Best regards
Massimo

Have you looked up the Wiki for explanation and usage examples?

TJ explanation can help other people too LoL

Hello TJ,
yes I looked in the wiki, but my question was for the conditional use =TRUE of PlaceMarketOrder that I can not find described anywhere.
Please, be so kind to explain .

Thank you
Best regards
Massimo

Hello TJ,
yes I looked in the wiki, but my question was for the conditional use =TRUE of PlaceMarketOrder that I can not find described anywhere.
Please, be so kind to explain .

Thank you
Best regards
Massimo

I would say, the old code is wrong.

I would say, the old code is wrong.

Strange, although unlikely.
The code comes from Dave Masalov

viewtopic.php?f=1&t=8414&p=42097&hilit= ... der#p42097

I would say, the old code is wrong.

Strange, although unlikely.
The code comes from Dave Masalov

viewtopic.php?f=1&t=8414&p=42097&hilit= ... der#p42097

Then the code is correct.

Then the code is correct.

I hope for an explanation from MC Support.

Hello,

In the description of PL Editor I see that PlaceMarketOrder is a StdFunction that returns True/False.

I suppose that is always false.
True when it submits an order.

Best regards.
Massimo