Open two positions simultaneously with different SL

• 01/11/2021 at 1:35 PM #157323
  Mikael K

  Hi guys,

  short question. Is it possible to open two different positions simultaneously, both with 20 pip limit but one with 10 pip sl and the other with 20 pip sl?

   

  Sincerely

  /Mikael

   

  

  Mikael K

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  01/11/2021 at 2:21 PM #157336
  robertogozzi

  No, because every time you execute SET STOP LOSS and SET TARGET PROFIT, all open positions will be updated to the new value.

  You can do it yourself by keeping track of  positions entered and using pending STOP orders to manage their SL.

   

  

  robertogozzi

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  01/11/2021 at 4:45 PM #157374
  Monobrow

  robertogozzi wrote:

  No, because every time you execute SET STOP LOSS and SET TARGET PROFIT, all open positions will be updated to the new value.

  Yes…. but I faced a problem at the weekend similar to this and used:

  If not onmarket then Set stop/profit etc End if

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  If not onmarket then Set stop/profit etc End if

  And it did the job for me!

  that wont solve opening 2 different stops, but it did stop my profits and stops updating every bar. Perhaps theres something clever someone can do with variables and once statements? Not sure

   

  

  Monobrow

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  01/11/2021 at 5:22 PM #157379
  Vonasi

  Not tested:

  //Get more accurate entry price once on market in case there was a gap if onmarket and not onmarket[1] then if countofposition = 2 then entryprice = tradeprice endif if countofposition = 1 then entryprice = tradeprice[2] endif endif //Pending orders for two positions open if onmarket and countofposition = 2 then sell at entryprice + 20 limit sell 1 contract at entryprice - 10 stop sell 1 contract at entryprice - 20 stop endif //Pending orders for one position open if onmarket and countofposition = 1 then sell at entryprice + 20 limit sell 1 contract at entryprice - 20 stop endif //Enter market and place pending orders for two positions if not onmarket and (your entry conditions) then buy 2 contracts at market sell at close + 20 limit sell 1 contract at close - 10 stop sell 1 contract at close - 20 stop endif

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  //Get more accurate entry price once on market in case there was a gap if onmarket and not onmarket[1] then if countofposition = 2 then entryprice = tradeprice endif if countofposition = 1 then entryprice = tradeprice[2] endif endif   //Pending orders for two positions open if onmarket and countofposition = 2 then sell at entryprice + 20 limit sell 1 contract at entryprice - 10 stop sell 1 contract at entryprice - 20 stop endif   //Pending orders for one position open if onmarket and countofposition = 1 then sell at entryprice + 20 limit sell 1 contract at entryprice - 20 stop endif   //Enter market and place pending orders for two positions if not onmarket and (your entry conditions) then buy 2 contracts at market sell at close + 20 limit sell 1 contract at close - 10 stop sell 1 contract at close - 20 stop endif

   

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  Monobrow, robertogozzi

  

  Vonasi

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  01/14/2021 at 10:26 AM #157765
  Nicolas

  Mikael K wrote:

  Is it possible to open two different positions simultaneously, both with 20 pip limit but one with 10 pip sl and the other with 20 pip sl?

  Yes with partial closure of position.

  

  Nicolas

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