Grid strategy

• 11/20/2019 at 7:46 PM #113255
  AE

  Hi all,

  I´m programing a new strategy called Grid.

  The idea is too simple. Consist on buy for example 4 contracts and sell them as the price rises four times. For that I need to buy these contract one by one. In case price go down, I buy another 4 contract one by one as the price goes down.

  There is any way to do it? The problem that I have it’s I don’t know how to put the TP per contract. If I have 4 contract, how can I specify the TP one by one?

  Thanks

  

  AE

  Participant

  Topics: 11

  Replies: 53

  Been thanked: 12 times
  11/20/2019 at 9:43 PM #113266
  Vonasi

  With PRT it is possible to partially close positions in demo by selling x contracts at a limit price but it is not possible to do the same in live trading at the moment unfortunately.

  To buy and sell at selected prices you can use:

  buy 1 contract at x limit

  1	buy 1 contract at x limit

  and

  sell 1 contract at y limit

  1	sell 1 contract at y limit

  where x is any price lower than the current price and y is any price higher than the current price.

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
  11/21/2019 at 12:37 AM #113269
  AE

  ooh 🙁 and do you know any idea to create something similar?

  I´m thinking in create 8 robots to emulate this, but this is very “ugly”.

  thanks

  

  AE

  Participant

  Topics: 11

  Replies: 53

  Been thanked: 12 times
  11/21/2019 at 8:56 AM #113274
  Vonasi

  Yes independent strategies controlling their own individual positions is one workaround but as you say it is very ugly. Personally I am just patiently waiting for IG to allow PRT to partially close positions.

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
  11/21/2019 at 9:00 AM #113277
  AE

  Thanks Vonasi,

  Exists any roadmap where is included this idea?

   

  

  AE

  Participant

  Topics: 11

  Replies: 53

  Been thanked: 12 times
  12/12/2019 at 11:15 PM #114786
  AE

  Hi again,

  Partially close will be available on PRT 11? I just ear that in Jan 2020 PRT 11 will be available with IG.

  Regards

  

  AE

  Participant

  Topics: 11

  Replies: 53

  Been thanked: 12 times
• Author
  Posts