FAQ #149

Whats the difference between Repair Once and Repair Continuous conditions ?

A Repair once condition once satisfied will not be checked again. 

Whereas a Repair continuous condition will be checked perpetually. 

This keeps room open for lot of infinite loop problems and hence the condition will have to be structured logically. 

To use the Repair Continuous condition prudently, you have to use the strategyinfo or runtimevariables category keywords to compare with some anchor point which does not give a true result immediately 

Eg of a bad Repair Continuous condition :   LTP(XXX) < YYY 

Eg. of a good Repair Continuous condition : LTP(XXX)  <  LastRepairedPrice -15 

In the first case, the condition will most likely be true every second and a new position will be taken every second which will lead to an infinite loop. After a certain number of loops, we mark such strategies to "Blocked" 

So when the 2nd condition is checked every second, the first time it passes as True and some positions are taken,  it will also automatically update the lastrepairedprice keyword with the new data. Hence the very next second it checks, it will not pass as true unless the price drops by another 15 points and at that point it will again pass as True.