Magic Number?

[philBell]

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

Phil Bell

[Terranin]

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.

[philBell]

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

[Terranin]

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.