Change stop loss and profit to match with dividends adjustment

• 08/29/2022 at 12:01 PM #199786
  Amin1233

  Hi
  there is dividends adjustment for indices that is applied at the close time of each market in IG. It can be from 1 point to 50 points sometimes. So if I have a system in 5 min chart with a few positions open that the stop loss and take profits are less than the diviadjustment level, my positions will be closed regardless if I am in profit or loss. I need a code to add the dividends adjustment points to all of my open positions Can anyone help me with this? The tricky part is that if I am short on market the target should change right before dividends adjustment eg 15:55 but the stop should change after dividends adjustment eg 16:05. And for all long positions the stop loss should change right before eg 15:55 and target right after .
  cheers

  

  Amin1233

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  08/29/2022 at 12:07 PM #199787
  Amin1233

  The adjustment points are always deducted from the indice, for example if a buy positions open at 12000 with target of 100 and stops if 200 and dividends adjustment is 50 then the new target is 12050 and new stop is 11750.

  

  Amin1233

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  08/29/2022 at 9:05 PM #199845
  JS

  Ex Dividend

  Once ExDividendDate = 000000 Once ExDividendLevel = 00 If Date = ExDividendDate then If ShortOnMarket and CurrentTime = 155500 then MyTarget = MyTarget - ExDividendLevel ElsIf ShortOnMarket and CurrentTime = 160500 then MyStop = MyStop + ExDividendLevel EndIf If LongOnMarket and CurrentTime = 155500 then MyStop = MyStop - ExDividendLevel ElsIf LongOnMarket and CurrentTime = 160500 then MyTarget = MyTarget + ExDividendLevel EndIf EndIf

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  Once ExDividendDate = 000000 Once ExDividendLevel = 00   If Date = ExDividendDate then If ShortOnMarket and CurrentTime = 155500 then MyTarget = MyTarget - ExDividendLevel ElsIf ShortOnMarket and CurrentTime = 160500 then MyStop = MyStop + ExDividendLevel EndIf If LongOnMarket and CurrentTime = 155500 then MyStop = MyStop - ExDividendLevel ElsIf LongOnMarket and CurrentTime = 160500 then MyTarget = MyTarget + ExDividendLevel EndIf EndIf

  Hi @Amin1233

  You will first have to know and enter the ex-Dividend dates and the corresponding Dividend levels and then you can supplement the code of your trading system with, for example, the code above:

   

   

  

  JS

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  08/29/2022 at 9:22 PM #199849
  Amin1233

  thanks , i will give it a go

  

  Amin1233

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