SL ORDERS ON POSITIONAL TRADES

deepshah002

Hi Algotest team,

I would like to know how the SL orders work for positional trades.
For eg, I have taken a positional trade through algotest which has a defined SL, the SL is not hit on the day when I placed the trade, but as you know that at the end of the day all the pending orders are cancelled, so does algotest itself places new sl orders everyday, until it gets trigger or it places order only once and on other days we have to manually place the SL order?

Thanks