Max position size

Nufstad · 2017-01-18T08:27:56+00:00

Hello. I have an ongoing auto trade on Spot Gold 2 min chart. When I start the auto trade I am asked the max position size I want. I set it for 2. I buy 1 contract in the code. The code buys 1 contract. Sometimes it does not reach the sell condition and it falls back and reaches the buy conditions I set one more time. Now the price may be lower than the buying price on the first contract I bought earlier. How can I now buy one new contract even though I already have one?

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01/18/2017 at 9:27 AM #21526 quote

Nufstad
Participant

Junior

Hello.

I have an ongoing auto trade on Spot Gold 2 min chart.

When I start the auto trade I am asked the max position size I want. I set it for 2.

I buy 1 contract in the code. The code buys 1 contract. Sometimes it does not reach the sell condition and it falls back and reaches the buy conditions I set one more time. Now the price may be lower than the buying price on the first contract I bought earlier.

How can I now buy one new contract even though I already have one?

Gold-StochCross.itf

01/18/2017 at 9:47 AM #21533 quote
Nufstad
Participant

Junior
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = Stochastic[14,3](close)
c1 = (indicator1 < 20)

indicator2 = Stochastic[14,3](close)
indicator3 = Average[5](Stochastic[14,3](close))
c2 = (indicator2 CROSSES OVER indicator3)

IF c1 AND c2 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
indicator4 = Stochastic[14,3](close)
c3 = (indicator4 > 80)

indicator5 = Stochastic[14,3](close)
indicator6 = Average[5](Stochastic[14,3](close))
c4 = (indicator5 CROSSES UNDER indicator6)

IF c3 AND c4 THEN
SELL AT MARKET
ENDIF

// Stops and targets
SET STOP pLOSS 5
```
01/18/2017 at 10:04 AM #21536 quote

JC_Bywan
Moderator

Master

Hi, I’ll edit your previous message for you, but please:

> For clarity of messages on ProRealCode’s forums, please use the “insert code PRT” button to separate the text of the code part! Thank you! <<

https://www.prorealcode.com/topic/automatic-trading-support-posting-rules/

01/18/2017 at 10:57 AM #21539 quote
Nicolas
Keymaster

Legend
If you want to add another position, while you are already on market, just set this line to true:
```
DEFPARAM CumulateOrders = true
```
Now the system will know you allow it to have more than 1 order on market.
01/18/2017 at 11:16 AM #21542 quote

Nufstad
Participant

Junior

Thanks.

It works.

Is it then limitited to the maxs position size I set when I start the auto trade?

01/18/2017 at 11:28 AM #21546 quote

Nicolas
Keymaster

Legend

The max position size you set when you launch a strategy with ProOrder will ALWAYS be a priority to what you have coded as max positions/orders in your script.

12/22/2018 at 4:58 PM #87593 quote

rama
Participant

Senior

DEFPARAM CumulateOrders = False

say maximum position size “2” amount/pt

does it mean maximum points or amount should be open max at any given point time

if the program conditions are met any it will keep open a maximum of 2 points or amount
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