controlling number of cumulative orders

• 02/02/2021 at 3:58 PM #160169
  nonetheless

  I have a cumulative algo running that uses the following code (in theory) to allow the total position to be 3 x positionsize, where positionsize is variable and set by the MM code.

  Once MaxPositionsAllowed = 3*positionsize IF not longonmarket and Ctime and (conditions) THEN BUY positionsize CONTRACT AT MARKET elsif longonmarket and Ctime and (conditions) and COUNTOFLONGSHARES < MaxPositionsAllowed then BUY positionsize CONTRACT AT MARKET ENDIF

  1 2 3 4 5 6 7

  Once MaxPositionsAllowed = 3*positionsize   IF not longonmarket and Ctime and (conditions) THEN BUY positionsize CONTRACT AT MARKET elsif longonmarket and Ctime and (conditions) and COUNTOFLONGSHARES < MaxPositionsAllowed then BUY positionsize CONTRACT AT MARKET ENDIF

  But what I find in practice is that once positionsize goes above 3 contracts, then no additional positions are opened. So at present positionsize  is 5.79 and that initial position opens as it should, but there is no 2nd or third entry, even though the conditions are met. So after it gets to 3 it’s as if cumulative orders = false.

  Is there any other way to code this, to allow for 3 entries regardless of positionsize ?

  

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  02/02/2021 at 4:02 PM #160170
  robertogozzi

  Remove ONCE from line 1, otherwise it’s only executed the first time, when POSITIONSIZE is likely to be 1.

   

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  robertogozzi

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  02/02/2021 at 4:25 PM #160178
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  Excellent, I thought it would be something simple like that – thanks again!

  

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