Closing all positions at once pips or profit

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12/02/2019 at 10:27 PM #114089 quote

marcuscn
Participant

Junior

Hello..

I would like my system to close all my open positions at the same time once the total is = X pips or X USD ..

so for example my algo opens up at position then another at after -15 pips then another one at -30 pips = 3 open positions.

When the total of these 3 are equal to X amount of pips profit // or USD i want them to close. How do i code this?

Thanks

12/03/2019 at 4:11 PM #114136 quote
Juan Salas
Participant

Master
Hi Marcus,

I use a piece of code that will close all my positions (long or short) when the price is above the average (positionprice):

For example, if you have 4 LONG positions open, and the average price is becoming positive, then you can close them at market. The extrapip is the amount of pips you want to be positive (x number of contracts). If you want a conservative approach, you can set extrapip=0
```
extrapip=10

IF LONGONMARKET AND countoflongshares=4 AND close>(positionprice+extrapips*pipsize) THEN
SELL AT MARKET
ENDIF
```
This only works with EITHER long or short. As you know PRT doesn’t allow you to open long and short (hedging) positions at the same time, in the same strategy

Regards,

Nicolas thanked this post
12/03/2019 at 4:39 PM #114138 quote

Vonasi
Moderator

Master

Topic moved to ProOrder forum as it is auto strategy related. Please try to post in the correct forum with future posts.

Juan Salas thanked this post
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Closing all positions at once pips or profit

ProOrder: Automated Strategies & Backtesting

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marcuscn @marcuscn Participant

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This topic contains 2 replies,
has 3 voices, and was last updated by Vonasi
6 years, 2 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	12/02/2019
Status:	Active
Attachments:	No files

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