Decision Recipe: Comparing Position Duration [Video]

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FAQs

Why would I use a Repeater action with this recipe?

Repeater actions cycle through all open positions. You may want to ensure every position is referenced.

Can I use this automation to open a position?

Position decisions are best used in monitor automations to close a position.

Can this calculation be done on stock or is it for options only?

You can reference how long a position has been opened for stocks and options.

If I use the "Exactly" function and that day lands on a holiday or weekend, what happens?

The automation will result in a "No" because the automation will not run on weekends or a holiday.

Is the number of days designator based on just trading days or does it include weekends and holidays?

All calendar days are used when comparing how long a position has been open.

Can I combine multiple criteria together in an automation?

Yes, you can group and nest multiple decisions with "and/or" functionality.

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Kirk Du Plessis

Last updated:

Feb 13, 2023

Originally published:

Nov 29, 2021

Feb 14, 2023

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