Hedging / Covering position / STOP / TARGETS

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    Lorenzo47
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    Hi everyone,

    I know, even if I still don’t understand why, that we can’t go short and long with the same algorithm… Why should it be fine to strengthen a postions by adding up contracts (long or short) and not being able to take two positions in opposite directions ? I don’t get it but okay, I guess we only can deal with that..

    I’m looking for a way to “cover” my capital by taking an opposite position to give the time to the price to comes back to “normal”. ( In case it never comes back to my entry price, I could still exit with a low loss by exiting both positions short and long). This isn’t new, and we all use it manually, the thing is I can’t find a way to do it with automatic trading… I know I need to run a second strategy at the same time, but it’s almost impossible to make the other strategy open opposite positions at the exact time it needs to and as it’s a covering solution, I need it to be accurate and work 100%..

    Does anyone already did something like that ? And if yes, I’ll be very interested knowing more about how you managed it.

     

    Second thing, in the manual and on the forum I did not see any solution to this so let me ask it sorry if it has been already asked… Is it possible to set a Target Profit, or Stop Loss to only a part of the code. For instance, in the case of covering a positon, if my “main code” has a target profit and I open an opposite position to “cut the loss” and try to get back my profit, it will exit the position at the same target profit which isn’t goal… This really hits on my nerves, and give me headache haha.. I can’t understand this, ProRealTime is sooo powerful but has some huge holes like those.. I’m sure to not be the only one longing for those features…

    If anyone found a trick, it would be more than amazing!

    Thanks you all 🙂

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Hedging / Covering position / STOP / TARGETS


ProOrder: Automated Strategies & Backtesting

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Lorenzo47 @lorenzo47 Participant
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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 03/05/2018
Status: Active
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