Discussing the article: "Market Simulation: Position View (XII)"

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Check out the new article: Market Simulation: Position View (XII).

In this article, you will learn how to create a visual signal on your trading platform so you can determine directly on the chart whether a position is long or short, without having to open the Terminal. In addition, the article also explains how to implement a feature that improves the display when moving Take Profit and Stop Loss lines by hiding the horizontal line that follows the mouse cursor while these lines are being moved, to avoid confusion. The article provides practical insight into setting up market simulation systems.

In the previous article, I showed how to move Stop Loss and Take Profit lines with minimal effort. Many people consider this a very complex and difficult task, given the number of steps involved. Without the proper precautions, the chart may display a price level that differs from the one recorded on the server. This can happen if you move a line to a new price level, but the server doesn't register the change. As a result, in real trading, you may suffer significant losses while securing only minimal profit. You should always try to make as few changes to the code as possible. When we make any changes, we must ensure that they align with the system's expected and actual behavior.

Following the same philosophy—making as few changes as possible and trying to get as much as possible—let’s see how we can incorporate some information into the position indicator that will let us know whether we’re holding a short or long position. And all of this—just by looking at the chart.


Author: Daniel Jose

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