Minimum size discrepancy

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  • #242117 quote
    Leo440Leo440
    Participant
    Junior

    Hello everyone and happy new year!

    I am trying to run a new strategy on spread-bet demo and keep getting rejected. I like to run the smallest size possible, which I believe to be £0.05 per point on DJI (see attached screenshot taken from IG), however in the PRT order list it gives £1 per point as the minimum.

    I have made a code to see what can get through on the backtest and that came back as 0.2 – still much more than expected.

    Any ideas?

    cheers
    Leo

    defparam cumulateorders = false
    
    positionsize = 0.2
    
    
    if high > low then
    buy positionsize perpoint at market
    endif
    
    if longonmarket and low > high then
    sell at market
    exitshort at market
    endif
    
    //-----//
    
    if low > high then
    sellshort positionsize perpoint at market
    endif
    
    if shortonmarket and low < high then
    sell at market
    exitshort at market
    endif
    
    Screenshot-2025-01-03-at-13.50.52.png Screenshot-2025-01-03-at-13.50.52.png Screenshot-2025-01-03-at-13.55.39.png Screenshot-2025-01-03-at-13.55.39.png
    #242123 quote
    GraHalGraHal
    Participant
    Master

    I believe to be £0.05 per point on DJI

    With IG on SB, min pos size on DJI is …

    1.   £0.20 per point on Live.
      2.  £1.00 per point on Demo.
    #242126 quote
    Leo440Leo440
    Participant
    Junior

    Thanks for the reply GH….Is there somewhere I can see that in PRT? I have been working from what IG has on their browser platform so far and they have 0.5 on demo and 0.05 on live for dji

    #242128 quote
    GraHalGraHal
    Participant
    Master

    IG have a ‘reduced minimum pos size’ for 1 month after opening an account.

    https://www.ig.com/uk/reduced-minimums

    Ispent 5 mins or so trying to find a link for you to IG’s ‘standard position sizes’ (applied after the first 1 month) … I could not find a link for you, sorry.

    Here is a link to the type of info you need (link below is for CFD’s).

    https://a.c-dn.net/c/content/dam/publicsites/1627463062749/igcom/sg/files/product_module/ProductDetails/Indices/Contract%20Details%20-%20IG%20Wall%20Street.pdf

    Leo440 and Iván González thanked this post
    #242130 quote
    Leo440Leo440
    Participant
    Junior

    IG have a ‘reduced minimum pos size’ for 1 month after opening an account.

    Aha! That will be why. You’ll recall from another thread I only recently opened my SB account.

    Thanks for your help!

    Leo

    GraHal thanked this post
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Minimum size discrepancy


ProOrder: Automated Strategies & Backtesting

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Leo440 @leo440 Participant
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This topic contains 4 replies,
has 2 voices, and was last updated by Leo440Leo440
1 year, 8 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/03/2025
Status: Active
Attachments: 2 files
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