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
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.
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:
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