Closing specific orders if scaling in

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  • 06/02/2022 at 1:43 PM #194509 quote
    CapnCrunch77
    Participant
    Junior

    Hello All,

    Does anyone know how you can close out individual orders based on entry and gain?  for example; I’ve scaled into a position on DAX index at different prices; in some instances it’s just to generate cashflow whilst maintaining a longer term position – but how can I close a specific order rather than oldest first order?

    Thanks

    06/02/2022 at 2:48 PM #194510 quote
    PeterSt
    Participant
    Master

    You can’t.
    But you can close positions. Thus if your code keeps track of subsequent positions (for order #1, 2 and 3) then you can close that number of positions. This will come down to the same.

    How much $ you will reobtain by that is your challenge … But in theory your code can keep track of that too.

    06/02/2022 at 3:11 PM #194511 quote
    CapnCrunch77
    Participant
    Junior
    PeterSt wrote:

    You can’t.

    But you can close positions. Thus if your code keeps track of subsequent positions (for order #1, 2 and 3) then you can close that number of positions. This will come down to the same.

    How much $ you will reobtain by that is your challenge … But in theory your code can keep track of that too.

    Thanks.

    06/28/2022 at 12:17 PM #196296 quote
    Nicolas
    Keymaster
    Master

    So you were talking about automatic trading orders right? Because in manual trading, if you do not have aggregate orders visually on your chart, you can identify each market entry and close whatever order your want.

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Closing specific orders if scaling in


Platform Support: Charts, Data & Broker Setup

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CapnCrunch77 @capncrunch77 Participant
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This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
3 years, 7 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 06/02/2022
Status: Active
Attachments: No files
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