Will PositionSelect instantly change after PositionClose?

New comment
 

I have a very basic question: say I have a buy position and I close it with

trade.PositionClose(_Symbol);

Is it safe to say that PositionSelect(_Symbol) will be false immediately after that?

I ask because I have developed an EA that has the following basic structure:

if(PositionSelect(_Symbol) == true)
{
   // Check for closing criteria
}

if(PositionSelect(_Symbol) == false)
{
   // Check for entry criteria
}

This is run only once per candle, and in many cases both the exit criterion and a new entry criterion will be satisfied. So if PositionSelect(_Symbol) doesn't immediately change to false after closing a trade, the new trade will not be opened.


  ==

New comment