code for limiting the number of cumulative orders

• 10/12/2020 at 9:07 PM #147223
  nonetheless

  but if the positionsize were 0.8 and it had cumulated 7 orders then countofposition would be 5.6 … so round(CountOfPosition/positionsize) = 6 and no more positions would be allowed.

  I would prefer if it could always max at 8 x positionsize, but less is better than more.

   

  

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  10/12/2020 at 10:44 PM #147235
  swedshare

  You’re right, it creates a conflict between positionsize and maxallowedorders. Illustrated in attached pic where I put startpositionsize at 0.2 and maxallowedorders at 1. It stops accumulating orders when positionsize reaches 1.

  Moderators, is it possible to get around this?

  

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  10/12/2020 at 10:56 PM #147238
  nonetheless

  for me the fifi743 solution works well enough:

  Once MaxPositionsAllowed = 8 // Conditions to enter long positions IF Ctime and myconditions and round(CountOfPosition/positionsize) <= MaxPositionsAllowed THEN

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  Once MaxPositionsAllowed = 8 // Conditions to enter long positions IF Ctime and myconditions and round(CountOfPosition/positionsize) <= MaxPositionsAllowed THEN

  I posted a new version of the NAS Hull-SAR with this change, tested with MM – seems ok, you can check it out. Haven’t tried changing the DJ version yet.

  

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  10/13/2020 at 3:30 PM #147309
  fifi743

  Hi nonetheless,
  Yes, I’m fine and you?
  I use COUNTOFLONGSHARES and COUNTOFSHORTSHARES .

  

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  10/13/2020 at 4:56 PM #147324
  nonetheless

  hi Fifi, yes all good thanks. Haven’t died of Covid … yet.

  Unfortunately, as for this code, I just realised that your solution only works when the positionsize is close to 1

  In the above example, where MaxPositionsAllowed = 8, if positionsize = .4 then round(CountOfPosition/positionsize) <= MaxPositionsAllowed will allow 20 x .4 orders

  With positionsize = 2.5 it would only allow 3 orders.

  What I want is a max of 8 orders regardless of the size – something like MaxPositionsAllowed = (positionsize x 8) but i can’t have that.

  Any other ideas?

   

  

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  10/13/2020 at 5:13 PM #147330
  JC_Bywan

  You could add a new variable to your code, starting it at zero, incrementing it by +1 at each new order (regardless of how much positionsize is), checking it’s not more than 7 in the “if” statement before each order (to reach 8 max), and reseting it equal to zero when not on market?

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  JC_Bywan

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  10/13/2020 at 5:16 PM #147331
  robertogozzi

  You can only count trades anytime BUY or SELLSHORT is executed and stop when you reach your limit.

  Reset the count to zero when not on market or when it changes from long to short and viceversa in case of stop & reverse.

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  10/14/2020 at 12:46 AM #147357
  pableitor

  If maxpositionsallowed is the total number of  operations (the name is confusing , position usually refers to the total amount of contracts or money opened, not number of operations) why dont you try this:

  Once MaxPositionsAllowed = 8 // Conditions to enter long positions IF Ctime and myconditions and (CountOfPosition + positionsize) <= MaxPositionsAllowed * positionsize THEN BUY positionsize CONTRACTS AT MARKET // Conditions to enter short positions IF Ctime and myconditions and abs(CountOfPosition) + positionsize <= MaxPositionsAllowed * positionsize THEN SELLSHORT positionsize CONTRACTS AT MARKET

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  Once MaxPositionsAllowed = 8 // Conditions to enter long positions IF Ctime and myconditions and (CountOfPosition + positionsize) <= MaxPositionsAllowed * positionsize THEN BUY positionsize CONTRACTS AT MARKET // Conditions to enter short positions IF Ctime and myconditions and abs(CountOfPosition) + positionsize <= MaxPositionsAllowed * positionsize THEN SELLSHORT positionsize CONTRACTS AT MARKET

   

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  pableitor

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  10/14/2020 at 9:28 AM #147365
  J.

  If you want no more than 8 positions and your position size is 0.8 then the calculation should be

   

  MaxPositionsAllowed = 8 * positionsize IF CountOfPosition < MaxPositionsAllowed THEN //place order ENDIF

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  MaxPositionsAllowed = 8 * positionsize   IF CountOfPosition < MaxPositionsAllowed THEN     //place order ENDIF

  CountOfPosition gives you the number of total contracts open. If you want to count short positions this becomes a negative number.

  You could also use COUNTOFSHORTSHARES and COUNTOFLONGSHARES for this though.

   

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  J.

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  10/14/2020 at 9:50 AM #147373
  fifi743

  Hi nonetheless,
  I’m on the DJI in 0.2 contract.
  Look at the attached pictures.

  

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  10/14/2020 at 10:46 AM #147389
  nonetheless

  Thanks @J. – yes that is the obvious solution and it’s the first thing I tried but for some reason it went completely peculiar. Now it seems fine though, so apparently I had made some other error that was in conflict. I’ll have to watch it in forward testing to make sure it’s doing what i want.

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  10/14/2020 at 11:02 AM #147395
  nonetheless

  fifi743 wrote:

  Look at the attached pictures.

  yes, in theory it looks like it should work but in practice, running Maxpositionsallowed =5 and positionsize .4 it opened 12 separate orders. I think MaxPositionsAllowed = n * positionsize could be the better way to go.

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  10/20/2020 at 12:16 PM #147891
  josef1604

  Hola, ¿has conseguido limitar los pedidos? Ver el sistema de comercio HULL-SAR sigue haciendo más entradas

  Hello, have you managed to limit orders? See the HULL-SAR trading system keeps making more entries

  

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  10/20/2020 at 1:00 PM #147897
  robertogozzi

  @josef1604

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.

  Thank you 🙂

  

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  10/20/2020 at 2:32 PM #147917
  nonetheless

  josef1604 wrote:

  Hello, have you managed to limit orders?

  Yes, if you see the most recent version posted there it controls the number of entries.

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  josef1604

  

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