Is my understanding of the following correct?
If 'Break at EOD' is checked FALSE and if a candle does not complete before the end of the day then the candle will continue through to the next day until it closes. If 'Break at EOD' is checked TRUE then the candle will close at the end of the day and a new candle will open at the start of the next day. If a strategy has an open trade at the EOD the 'Break at EOD' parameter has no means to close this open trade at EOD.
If 'Exit on session close' is checked FALSE and if a strategy has an open trade at the end of the session then the strategy will not execute an order to close the open trade at the end of the session and the strategy will remain in a position through to the next session. If 'Exit on session close' is checked TRUE and if the strategy has an open trade at the end of the session then the strategy will execute an order to close the trade at the end of the session and the strategy would therefore be flat going into the next session.
The time periods for the session will be determined by the template selected in the 'Trading hours' drop down menu for the strategy.
The reason I'm seeking clarification is that I want to ensure that my strategies do not hold open trades overnight as I do not want to incur maintenance margin on my account. If I use the 'Exit on session close' parameter checked TRUE then will the strategy send an order to close the trade at the open of the last bar of the session or the close of the last bar of the session?
Thanks,
Neil
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