Partial close and breakeven

• 05/16/2022 at 4:10 PM #193263
  ProRealP

  Hello!

  I’m trying to combine partial close with a breakeven, but am unable to get it to work. The problem seems to be that the breakeven doesn’t “reset” between positions. Any ideas on how to do this?

  defparam cumulateorders = false positionsize = 1 indicator1 = average [25] indicator2 = average [200] c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2 if c1 then buy positionsize contract at market endif if c2 then sellshort positionsize contract at market endif ONCE partialclose = 1 IF partialclose THEN ONCE PerCent = 0.9 //% positions to close ONCE PerCent2 = 0.01 //% positions to close ONCE MinLotSize = 1 //1 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty ExitQuantity2 = abs(CountOfPosition) * PerCent2 LeftQty2 = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2 = abs(CountOfPosition) - LeftQty2 IF LongOnMarket and close >= (PositionPrice + 4*pipsize) AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF ShortOnMarket and close <= (PositionPrice - 8*pipsize) AND Flag2 THEN exitshort CloseQuantity2 Contracts AT Market Flag2 = 0 endif endif if flag2 = 0 then set stop breakeven endif IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF

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  defparam cumulateorders = false   positionsize = 1   indicator1 = average [25] indicator2 = average [200]   c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2   if c1 then buy positionsize contract at market endif     if c2 then sellshort positionsize contract at market endif ONCE partialclose = 1 IF partialclose THEN ONCE PerCent     = 0.9              //%  positions to close ONCE PerCent2     = 0.01              //%  positions to close ONCE MinLotSize  = 1              //1  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty ExitQuantity2     = abs(CountOfPosition) * PerCent2 LeftQty2          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2    = abs(CountOfPosition) - LeftQty2   IF LongOnMarket and close >= (PositionPrice + 4*pipsize)  AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF ShortOnMarket and close <= (PositionPrice - 8*pipsize)  AND Flag2 THEN exitshort CloseQuantity2 Contracts AT Market Flag2 = 0 endif endif   if flag2 = 0 then set stop breakeven endif   IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF

  

  ProRealP

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  05/16/2022 at 4:58 PM #193268
  Nicolas

  If you want to reset variables to their initial states, please do it preferably at the top of the code.

  So this:

  IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF

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  IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF

  should be located before this:

  if flag2 = 0 then set stop breakeven endif

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  if flag2 = 0 then set stop breakeven endif

   

  

  Nicolas

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  05/16/2022 at 5:22 PM #193269
  ProRealP

  Understood! Doesn’t seem to make a difference in this case though. Did you happen to try it out?

  

  ProRealP

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  05/16/2022 at 8:50 PM #193284
  MauroPro

  If you try with two separate snippets? (Dax 15m)

  defparam cumulateorders = false positionsize = 10 indicator1 = average [25] indicator2 = average [200] c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2 if c1 then buy positionsize contract at market endif if c2 then sellshort positionsize contract at market endif //------------------------------------------------------------------------------------- once partialcloseGain = 1 If partialcloseGain then ONCE PerCent = 0.9 //close 90% size ONCE PerCentGain = 0.01 //= 1% ONCE MinLotSize = 1 //IG minimum size ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag = 1 ENDIF IF partialcloseGain AND LongOnMarket and close >= (PositionPrice * (1 + PerCentGain)) AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF partialcloseGain AND ShortOnMarket and close <= (PositionPrice * (1 - PerCentGain)) AND Flag THEN exitshort CloseQuantity Contracts AT Market Flag = 0 endif endif //-------------------------------------------------------------------------------------------------------------------------- percent = 1 //1% pointToReachBreakeven=(close/100)*percent if not onmarket then breakevenX = 0 // with the insertion of the new instructions you can no longer write breakeven! endif if longOnMarket and close-positionPrice>=pointToReachBreakEven then breakevenX = 1 endif if shortOnMarket and positionPrice-close>=pointToReachBreakeven then breakevenX = 1 endif if breakevenX = 1 then sell at positionPrice STOP exitShort at positionPrice STOP endif //-----------------------------------------------------------------------------------------------------

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  defparam cumulateorders = false positionsize = 10 indicator1 = average [25] indicator2 = average [200] c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2 if c1 then buy positionsize contract at market endif if c2 then sellshort positionsize contract at market endif //------------------------------------------------------------------------------------- once partialcloseGain = 1 If partialcloseGain then ONCE PerCent     = 0.9             //close 90% size ONCE PerCentGain = 0.01               //= 1% ONCE MinLotSize  = 1                            //IG minimum size ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = abs(CountOfPosition) - LeftQty IF Not OnMarket THEN Flag = 1 ENDIF IF partialcloseGain AND LongOnMarket and close >= (PositionPrice * (1 + PerCentGain))  AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF partialcloseGain AND ShortOnMarket and close <= (PositionPrice * (1 - PerCentGain))  AND Flag THEN exitshort CloseQuantity Contracts AT Market Flag = 0 endif endif //-------------------------------------------------------------------------------------------------------------------------- percent = 1  //1% pointToReachBreakeven=(close/100)*percent if not onmarket then breakevenX = 0  // with the insertion of the new instructions you can no longer write breakeven! endif if longOnMarket and close-positionPrice>=pointToReachBreakEven then breakevenX = 1 endif if shortOnMarket and positionPrice-close>=pointToReachBreakeven then breakevenX = 1 endif if breakevenX = 1 then sell at positionPrice STOP exitShort at positionPrice STOP endif //-----------------------------------------------------------------------------------------------------

   

  

  MauroPro

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  05/17/2022 at 9:02 AM #193304
  Nicolas

  I think you are right, this version works much better, I set a wide stoploss at orders launch, then the breakeven is set upon your conditions (I fixed a partial exit size calculation problem too).

  defparam cumulateorders = false IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF positionsize = 5 indicator1 = average [25] indicator2 = average [200] c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2 if c1 then buy positionsize contract at market set stop ploss 200 endif if c2 then sellshort positionsize contract at market set stop ploss 200 endif ONCE partialclose = 1 IF onmarket and partialclose THEN ONCE PerCent = 0.9 //% positions to close ONCE PerCent2 = 0.01 //% positions to close ONCE MinLotSize = 1 //1 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = max(minlotsize,abs(CountOfPosition) - LeftQty) ExitQuantity2 = abs(CountOfPosition) * PerCent2 LeftQty2 = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2 = max(minlotsize,abs(CountOfPosition) - LeftQty2) IF LongOnMarket and close >= (PositionPrice + 4*pipsize) AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF ShortOnMarket and close <= (PositionPrice - 8*pipsize) AND Flag2 THEN exitshort CloseQuantity2 Contracts AT Market Flag2 = 0 endif endif if flag2 = 0 then set stop breakeven endif //graph flag2 //graph CloseQuantity //graph LongOnMarket and close >= (PositionPrice + 4*pipsize)

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  defparam cumulateorders = false   IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF   positionsize = 5   indicator1 = average [25] indicator2 = average [200]   c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2   if c1 then buy positionsize contract at market set stop ploss 200 endif   if c2 then sellshort positionsize contract at market set stop ploss 200 endif ONCE partialclose = 1 IF onmarket and partialclose THEN ONCE PerCent     = 0.9              //%  positions to close ONCE PerCent2     = 0.01              //%  positions to close ONCE MinLotSize  = 1              //1  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = max(minlotsize,abs(CountOfPosition) - LeftQty) ExitQuantity2     = abs(CountOfPosition) * PerCent2 LeftQty2          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2    = max(minlotsize,abs(CountOfPosition) - LeftQty2)   IF LongOnMarket and close >= (PositionPrice + 4*pipsize)  AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF ShortOnMarket and close <= (PositionPrice - 8*pipsize)  AND Flag2 THEN exitshort CloseQuantity2 Contracts AT Market Flag2 = 0 endif endif   if flag2 = 0 then set stop breakeven endif   //graph flag2 //graph CloseQuantity //graph LongOnMarket and close >= (PositionPrice + 4*pipsize)

   

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  Nicolas

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  05/18/2022 at 2:23 PM #193383
  ProRealP

  Thanks! That works well.

  I now have another issue. When I use set stop ploss 200, or set stop %loss 1, it works. But when I use my custom stop loss, it doesn’t. I don’t understand why. Any ideas?

  defparam cumulateorders = false IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF positionsize = 5 indicator1 = average [25] indicator2 = average [200] c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2 If c1 then buy positionsize contract at market sl=AverageTrueRange[14]*2 slpricelong= close - sl endif If c2 then sellshort positionsize contract at market sl=AverageTrueRange[14]*2 slpriceshort = close - sl endif if positionperf < 0 and longonmarket and close > slpricelong then sell at sl stop endif if positionperf < 0 and shortonmarket and close < slpriceshort then exitshort at sl stop endif ONCE partialclose = 1 IF onmarket and partialclose THEN ONCE PerCent = 0.9 //% positions to close ONCE PerCent2 = 0.01 //% positions to close ONCE MinLotSize = 1 //1 lots minimum ExitQuantity = abs(CountOfPosition) * PerCent LeftQty = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity = max(minlotsize,abs(CountOfPosition) - LeftQty) ExitQuantity2 = abs(CountOfPosition) * PerCent2 LeftQty2 = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2 = max(minlotsize,abs(CountOfPosition) - LeftQty2) IF LongOnMarket and close >= (PositionPrice + 4*pipsize) AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF ShortOnMarket and close <= (PositionPrice - 8*pipsize) AND Flag2 THEN exitshort CloseQuantity2 Contracts AT Market Flag2 = 0 endif endif if flag2 = 0 then set stop breakeven endif //graph flag2 //graph CloseQuantity //graph LongOnMarket and close >= (PositionPrice + 4*pipsize)

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  defparam cumulateorders = false   IF Not OnMarket THEN Flag = 1 Flag2 = 1 ENDIF   positionsize = 5   indicator1 = average [25] indicator2 = average [200]   c1 = indicator1 crosses over indicator2 c2 = indicator1 crosses under indicator2   If c1 then buy positionsize contract at market sl=AverageTrueRange[14]*2 slpricelong= close - sl endif   If c2 then sellshort positionsize contract at market sl=AverageTrueRange[14]*2 slpriceshort = close - sl endif   if positionperf < 0 and longonmarket and close > slpricelong  then sell at sl stop endif if positionperf < 0 and shortonmarket and close < slpriceshort then exitshort at sl stop endif ONCE partialclose = 1 IF onmarket and partialclose THEN ONCE PerCent     = 0.9              //%  positions to close ONCE PerCent2     = 0.01              //%  positions to close ONCE MinLotSize  = 1              //1  lots minimum ExitQuantity     = abs(CountOfPosition) * PerCent LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity) CloseQuantity    = max(minlotsize,abs(CountOfPosition) - LeftQty) ExitQuantity2     = abs(CountOfPosition) * PerCent2 LeftQty2          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity2) CloseQuantity2    = max(minlotsize,abs(CountOfPosition) - LeftQty2)   IF LongOnMarket and close >= (PositionPrice + 4*pipsize)  AND Flag THEN SELL CloseQuantity Contracts AT Market Flag = 0 endif IF ShortOnMarket and close <= (PositionPrice - 8*pipsize)  AND Flag2 THEN exitshort CloseQuantity2 Contracts AT Market Flag2 = 0 endif endif   if flag2 = 0 then set stop breakeven endif   //graph flag2 //graph CloseQuantity //graph LongOnMarket and close >= (PositionPrice + 4*pipsize)

  

  ProRealP

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  05/18/2022 at 4:39 PM #193394
  Nicolas

  Because once you set SET STOP BREAKEVEN, it will last forever and for any subsequent orders, until you set the stoploss to 0 or any other value with a SET STOP instruction (SET STOP LOSS 0 for instance at order launch).

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  Nicolas

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  05/18/2022 at 4:56 PM #193403
  ProRealP

  Much appreciated!

  

  ProRealP

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