Grid strategy

AE · 2019-11-20T18:46:54+00:00

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

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11/20/2019 at 7:46 PM #113255 quote

AE
Participant

Senior

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

11/20/2019 at 9:43 PM #113266 quote
Vonasi
Moderator

Master
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
```
and
```
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.
11/21/2019 at 12:37 AM #113269 quote

AE
Participant

Senior

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

11/21/2019 at 8:56 AM #113274 quote

Vonasi
Moderator

Master

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.

11/21/2019 at 9:00 AM #113277 quote

AE
Participant

Senior

Thanks Vonasi,

Exists any roadmap where is included this idea?

12/12/2019 at 11:15 PM #114786 quote

AE
Participant

Senior

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
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