Close Order

Close Order. Key Takeaways Attheclose orders are executed at the end of the trading day at the price available There are multiple ways and order types for exiting at the close and they may vary by exchange The final seconds of the trading day often see significant volume due to attheclose orders or.

Noun 1 close order a military formation for drill or marching armed forces armed services military military machine war machine the military forces of a nation “their military is the largest in the region” “the military machine is the same one we faced in 1991 but now it is weaker” military formation a formation of troops.

AttheClose Order Definition investopedia.com

Function OrdercloseFunction OrderselectFunction OrderdeleteClosing Opposite OrdersFunction OrderclosebyIt is a function used to close a market order The function returns TRUE if the trade is performed successfully It returns FALSE if the trade fails Parameters ticket the unique number of the order lots the amount of lots to be closed It is allowed to specify a value that is less than the available amount of lots in the order In this case if the trade request is successfully executed the order will be closed partly price close price This parameter is set according to the requirements and limitations accepted for performing of trades (see Order Characteristics and Rules for Making Trades and Appendix 3) If there is no requested price available for closing of the market order in the price flow or if it is outdated this trade request will be rejected if the price is outdated but found in the price flow and at the same time its deviation from the current price ranges within the value of slippage the trade request will be accepted by the client terminal and sent to In order to get the parameters of any of your orders (no matter market or pending closed or deleted ones) you should first select it using the function OrderSelect() OrderSelectis a function that selects an order for further operations with it It returns TRUE if the function is executed successfully Otherwise it returns FALSE Parameters index the order position or number it depends on the second parameter select the flag of selection method Parameter &#39select&#39 can take one of two possible values SELECT_BY_POS in the parameter &#39index&#39 the order number in the list is returned (the numbering starts with 0) SELECT_BY_TICKET in the parameter &#39index&#39 the ticket number (the unique order number) is returned pool the data source for selection The parameter &#39pool&#39 is used when the parameter &#39select&#39 is equal to the value of SELECT_BY_POS The parameter &#39pool&#39 is ignored if the order is selected by the ticket number (SELECT_BY_TICKET) The parameter &#39pool&#39 can take on The function deletes the previously placed pending order It returns TRUE if it has worked successfully Otherwise it returns FALSE Parameters ticket the unique number of an order arrow_color the color of an arrow in a chart If this parameter isunavailable or its value is equal to that of CLR_NONE the arrow willnot be displayed in the chart It&#39s easy to see that the function OrderDelete( ) does not contain a specification of the volume and the close price of the order to be deleted The order is deleted regardless any market prices The partly deletion of an order is impossible too You can decrease the amount of lots in a pending order in two stages delete the existing order and then place a new pending order with the decreased (any) amount of lots The algorithm of the program that will delete a pending order can be quite identical to that of market order closing A slight difference is in that no close price is needed to delete a pending order sothe program below doe Opposite (Counter) Orderis a market order opened in the direction opposite to the direction of another market order opened for the same symbol If you have two opposite orders for a certain symbol you can close them simultaneously one by another using the function OrderCloseBy()You will save one spread if you perform such an operation The function closes one market order by another market order opened for the same symbol in the opposite direction The function returnsTRUE if it is completed successfully and FALSE if not Parameters ticket the unique number of the order to be closed opposite the unique number of the opposite order Color the color of the closing arrow in a chart If this parameter isunavailable or its value is equal to that of CLR_NONE the arrow willnot be displayed in the chart It is not necessary that opposite orders have the same volume If you close an order by an opposite order the trade will be perform in the volume of the order that has the smaller volume Let&#39s consider an example Let there be two market orders of the same volume in the client terminalone Buy and one Sell If we close each of them separately using the function OrderClose() our economic output will be the sum of the profits obtained from each order Fig 95 Result of separate closing of orders using the funct.

Closing and Deleting Orders Programming of Trade Operations

Definition of close order an arrangement of troops in a typical marching formation.