placeStopOrder
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placeStopOrder
The placeStopOrder method places a stop order inline without the need for creating a separate Order object.
var placeStopOrder(symbol, quantity, stopPrice, actionType, tifType);
Parameters
Symbol string for which to place the order.
Floating or numeric order quantity.
Stop price floating value.
actionType
One of the order
types such as buy or sell.
One of the time-in-force types such as Day or Good-till-Canceled.
Return Value
This method returns true if order was placed successfully, false otherwise.
The following example demonstrates the use of placeStopOrder method.
function init()
//add "Default Trading Size" parameter
addParameter("Default Trading Size", "This is the default trading size volume", 1000);
function start()
//retrieve short positions for all symbols
var account = getAccount();
var placeLongOrder =
var stopPrice = 0;
//determine whether a long order needs to be placed
if(placeLongOrder)
var rc = account.placeStopOrder(getSymbol(),
parseFloat(getParameter("Default Trading Size")),
stopPrice,
ACTIONTYPE_BUY,
TIFTYPE_DAY);
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