Code for partial close with percentage

• 02/17/2021 at 9:13 AM #161755
  robertogozzi

  No, it’s not halving a position despite Flag=0, it’s Flag=0 because a position had been halved (because Flag=1 before that partial closure).

  Bear in mind that GRAPH shows the value retained at the end of the execution, not the one retained ar the beginning (the beginning is just the end of the previous candle).

   

  

  robertogozzi

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  02/17/2021 at 10:25 AM #161777
  s00071609

  I get what you mean. See image below.

  Note that only 1 buy order was executed and all the orders closed are half of remaining position.

  The first halving is correct, and Flag thereafter is zero. So, I wonder why its continuing to execute the code despite the FLAG=1 condition not being met. If I check previous bars from 2nd halving as highlighted in image, Flag is zero, so code should not run after the first 50% is closed. In this case, its halving until, the qty is less than 0.5 contract.

  

  s00071609

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  02/17/2021 at 10:57 AM #161785
  robertogozzi

  I can only try to replicate your trades, provided:

  • you post the code you used in your tests
  • you post what instrument, TF, date and time those trades refer to

   

  

  robertogozzi

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  02/17/2021 at 12:42 PM #161808
  s00071609

  This is the code,

  Instrument- APT (Afterpay Ltd) in 1 Min Timeframe. 3K unit data loaded

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated Timeframe (Daily) indicator1d, indicator2d, ignored, ignored = CALL DTOSC[1, 0](close) Timeframe (1 Hour) indicator1, indicator2, ignored, ignored = CALL DTOSC[1, 0](close) c1 = (indicator1 >= indicator2 ) or (indicator2<25) Condition=C1 and (indicator1d>indicator2d) // Conditions to enter long positions ONCE PerCent = 0.5 //50% = positions to close ONCE Pips = 20 * PipSize ONCE MinLotSize = 0.5 //0.5 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag = 1 ENDIF IF close crosses over highest[20](high[1]) and Condition and not OnMarket THEN buy 10 contract at market endif //IF close crosses under lowest[20](low[1]) and not OnMarket THEN //sellshort 1 contract at market //endif IF close >= (PositionPrice + Pips) AND LongOnMarket AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 ELSIF close <= (PositionPrice - Pips) AND ShortOnMarket AND Flag THEN EXITSHORT CloseQuantity Contracts AT Market Flag = 0 ENDIF set target pprofit 200 set stop ploss 100 graph abs(countofposition) graph Flag graph positionperf*positionprice graph positionprice

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated Timeframe (Daily) indicator1d, indicator2d, ignored, ignored = CALL DTOSC[1, 0](close)     Timeframe (1 Hour) indicator1, indicator2, ignored, ignored = CALL DTOSC[1, 0](close) c1 = (indicator1 >= indicator2 ) or (indicator2<25)   Condition=C1 and (indicator1d>indicator2d)   // Conditions to enter long positions ONCE PerCent     = 0.5              //50%  = positions to close ONCE Pips        = 20 * PipSize ONCE MinLotSize  = 0.5              //0.5  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag = 1 ENDIF IF close crosses over highest[20](high[1]) and Condition and not OnMarket THEN buy 10 contract at market endif //IF close crosses under lowest[20](low[1]) and not OnMarket THEN //sellshort 1 contract at market //endif IF close >= (PositionPrice + Pips) AND LongOnMarket AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 ELSIF close <= (PositionPrice - Pips) AND ShortOnMarket AND Flag THEN EXITSHORT CloseQuantity Contracts AT Market Flag = 0 ENDIF set target pprofit 200 set stop   ploss   100 graph abs(countofposition) graph Flag graph positionperf*positionprice graph positionprice

   

  

  s00071609

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  02/17/2021 at 4:51 PM #161827
  robertogozzi

  The DTOSC in the library requires no parameters.

  Please post a complete working code or I won’t be able to help you!

  Post the ITF file of the indicator.

   

   

  

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  02/17/2021 at 4:54 PM #161828
  s00071609

  I had modified the DTOSC code to include cross over dot that’s why it needs two values. Here is the ITF file attached

  

  s00071609

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  02/18/2021 at 12:23 AM #161863
  robertogozzi

  Itested it on DAX because with Afterpay Ltd I couldn’t get any trade.

  Everything works fine and it halves  positions only once per trade.

   

  

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  02/18/2021 at 5:15 AM #161870
  s00071609

  Ran the same code in DAX, it keeps halving positions, see the image attached

  

  s00071609

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  02/18/2021 at 9:12 AM #161890
  robertogozzi

  Ok, I got it.

  It’s because you are using the MTF support incorrectly.

  You are using a 1-minute TF but have no support for the DEFAULT TF, so it is executed every minute but you have writtem only instructions for the Daily and 1h TF’s.

  If you add UPDATEONCLOSE to your TIMEFRAME instruction everything is fine.

  If you DO NOT want to use UPDATEONCLOSE  then you have to use TIMEFRAME(default) for the FLAG variable, as follows:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated Timeframe (Daily) indicator1d, indicator2d, ignored, ignored = CALL DTOSC[1, 0](close) Timeframe (1 Hour) indicator1, indicator2, ignored, ignored = CALL DTOSC[1, 0](close) c1 = (indicator1 >= indicator2 ) or (indicator2<25) Condition=C1 and (indicator1d>indicator2d) // Conditions to enter long positions ONCE PerCent = 0.5 //50% = positions to close ONCE Pips = 20 * PipSize ONCE MinLotSize = 0.5 //0.5 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty timeframe(default) IF Not OnMarket THEN Flag = 1 ENDIF Timeframe (1 Hour) IF close crosses over highest[20](high[1]) and Condition and not OnMarket THEN buy 10 contract at market endif //IF close crosses under lowest[20](low[1]) and not OnMarket THEN //sellshort 1 contract at market //endif Timeframe(default) IF close >= (PositionPrice + Pips) AND LongOnMarket AND Flag=1 THEN SELL CloseQuantity Contracts AT Market Flag = 0 ELSIF close <= (PositionPrice - Pips) AND ShortOnMarket AND Flag=1 THEN EXITSHORT CloseQuantity Contracts AT Market Flag = 0 ENDIF set target pprofit 200 set stop ploss 100 // graph abs(countofposition) graph Flag graph positionperf*positionprice

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated Timeframe (Daily) indicator1d, indicator2d, ignored, ignored = CALL DTOSC[1, 0](close) Timeframe (1 Hour) indicator1, indicator2, ignored, ignored = CALL DTOSC[1, 0](close) c1 = (indicator1 >= indicator2 ) or (indicator2<25) Condition=C1 and (indicator1d>indicator2d) // Conditions to enter long positions ONCE PerCent     = 0.5              //50%  = positions to close ONCE Pips        = 20 * PipSize ONCE MinLotSize  = 0.5              //0.5  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty timeframe(default) IF Not OnMarket THEN Flag = 1 ENDIF Timeframe (1 Hour) IF close crosses over highest[20](high[1]) and Condition and not OnMarket THEN buy 10 contract at market endif //IF close crosses under lowest[20](low[1]) and not OnMarket THEN //sellshort 1 contract at market //endif Timeframe(default) IF close >= (PositionPrice + Pips) AND LongOnMarket AND Flag=1 THEN SELL CloseQuantity Contracts AT Market Flag = 0 ELSIF close <= (PositionPrice - Pips) AND ShortOnMarket AND Flag=1 THEN EXITSHORT CloseQuantity Contracts AT Market Flag = 0 ENDIF set target pprofit 200 set stop   ploss   100 // graph abs(countofposition) graph Flag graph positionperf*positionprice

   

  

  robertogozzi

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  02/18/2021 at 11:56 AM #161909
  s00071609

  Thank you. You are right. Its now working as expected. Thanks for the help

  

  s00071609

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  02/21/2021 at 11:54 AM #162168
  nonetheless

  Ciao Roberto, thanks very much for the work you’ve done on the partial close code.

  If I wanted to close 25% of my position after a .5% gain, another 25% after 1% gain, and the same after 1.5% (leaving the remainder to run to the TP or trailing stop) would this be the best way to do it?

  // partial close ONCE partialclose = 1 if partialclose then ONCE PerCent = 0.25 //25% = positions to close ONCE PerCentGain = 0.005 //0.5% increase ONCE MinLotSize = 0.5 //0.5 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain)) AND LongOnMarket AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 ENDIF ONCE PerCentGain2 = 0.01 //1% increase ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag2 = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain2)) AND LongOnMarket AND Flag2 THEN SELL CloseQuantity Contracts AT Market Flag2 = 0 ENDIF ONCE PerCentGain3 = 0.015 //1.5% increase ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag3 = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain3)) AND LongOnMarket AND Flag3 THEN SELL CloseQuantity Contracts AT Market Flag3 = 0 ENDIF endif

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  // partial close ONCE partialclose = 1 if partialclose then ONCE PerCent     = 0.25              //25%  = positions to close ONCE PerCentGain = 0.005            //0.5% increase ONCE MinLotSize  = 0.5              //0.5  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain)) AND LongOnMarket AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 ENDIF   ONCE PerCentGain2 = 0.01            //1%  increase ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag2 = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain2)) AND LongOnMarket AND Flag2 THEN SELL CloseQuantity Contracts AT Market Flag2 = 0 ENDIF   ONCE PerCentGain3 = 0.015            //1.5%  increase ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag3 = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain3)) AND LongOnMarket AND Flag3 THEN SELL CloseQuantity Contracts AT Market Flag3 = 0 ENDIF endif

   

  

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  02/21/2021 at 12:29 PM #162170
  robertogozzi

  That’s correct, but you only need the EXITING calculations and instructions only ONCE, since the next time it will still be 25% of the remaining opositions. Well… not exactly, if you BUY 8 contracts the first time you will close 2 contracts (8  * 0.25), while next time you will close 1.5 contracts (6 * 0.25), etc…

  To overcome this, if you plan to always close, not a percentage, but a fixed number like the first time, you simply need to compute the number of contracts to exit the first time and use that number (instead of a percentage) for any subsequent closure.

  In any case you don’t need to use 3 IF…ENDIF’s.

  Of course that would be completely different if you wanted to close, say 10% the first time, then 13% the second time, 21% the third time, etc…

   

   

   

  

  robertogozzi

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  02/21/2021 at 12:49 PM #162175
  nonetheless

  robertogozzi wrote:

  you only need the EXITING calculations and instructions only ONCE

  ah yes, of course (too much copy and pasting), thanks for that!

  

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  02/21/2021 at 1:47 PM #162182
  nonetheless

  robertogozzi wrote:

  that would be completely different if you wanted to close, say 10% the first time, then 13% the second time, 21% the third time

  Something like this then?

  // partial close ONCE partialclose = 1 if partialclose then ONCE PerCent = 0.1 //10% positions to close ONCE PerCent2 = 0.2 //20% positions to close ONCE PerCent3 = 0.4 //40% positions to close ONCE PerCentGain = 0.005 //0.5% increase ONCE PerCentGain2 = 0.01 //1% increase ONCE PerCentGain3 = 0.015 //1.5% increase ONCE MinLotSize = 0.5 //0.5 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty ExitQuantity2 = abs(CountOfPosition) * PerCent2 LeftQty2 = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2 = abs(CountOfPosition) - LeftQty2 ExitQuantity3 = abs(CountOfPosition) * PerCent3 LeftQty3 = max(MinLotSize,abs(CountOfPosition) - ExitQuantity3) CloseQuantity3 = abs(CountOfPosition) - LeftQty3 IF Not OnMarket THEN Flag = 1 and Flag2 = 1 and Flag3 = 1 ENDIF IF close >= (PositionPrice * (1 + PerCentGain)) AND LongOnMarket AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF close >= (PositionPrice * (1 + PerCentGain2)) AND LongOnMarket AND Flag2 THEN SELL CloseQuantity2 Contracts AT Market Flag2 = 0 endif IF close >= (PositionPrice * (1 + PerCentGain3)) AND LongOnMarket AND Flag3 THEN SELL CloseQuantity3 Contracts AT Market Flag3 = 0 ENDIF endif

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  // partial close ONCE partialclose = 1 if partialclose then ONCE PerCent     = 0.1              //10%  positions to close ONCE PerCent2     = 0.2              //20%  positions to close ONCE PerCent3     = 0.4              //40%  positions to close ONCE PerCentGain = 0.005            //0.5%  increase ONCE PerCentGain2 = 0.01            //1%  increase ONCE PerCentGain3 = 0.015            //1.5%  increase ONCE MinLotSize  = 0.5              //0.5  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty   ExitQuantity2     = abs(CountOfPosition) * PerCent2 LeftQty2          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2    = abs(CountOfPosition) - LeftQty2   ExitQuantity3     = abs(CountOfPosition) * PerCent3 LeftQty3          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity3) CloseQuantity3    = abs(CountOfPosition) - LeftQty3   IF Not OnMarket THEN Flag = 1 and Flag2 = 1 and Flag3 = 1 ENDIF   IF close >= (PositionPrice * (1 + PerCentGain)) AND LongOnMarket AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif   IF close >= (PositionPrice * (1 + PerCentGain2)) AND LongOnMarket AND Flag2 THEN SELL CloseQuantity2 Contracts AT Market Flag2 = 0 endif   IF close >= (PositionPrice * (1 + PerCentGain3)) AND LongOnMarket AND Flag3 THEN SELL CloseQuantity3 Contracts AT Market Flag3 = 0 ENDIF endif

   

  

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  02/21/2021 at 2:36 PM #162194
  nonetheless

  turns out that must be wrong as it either runs with no effect at all (same result as with no partial close) or it gets a parsing error (must begin and end with the same entity).

  what am i doing wrong?

  

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