Partial close of position possible?!

• 10/20/2017 at 4:47 PM #50075
  Nicolas

  @Vonasi

  No, all orders have the same TP & SL. When even you use SET TARGET or SET STOP, all orders are affected by the new TP & SL values.

  

  Nicolas

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  10/20/2017 at 7:32 PM #50087
  Despair

  I think Nicolas means that PRT somehow keeps track of the positions and if you for example give the command SET TARGET PPROFIT 20 for a cumulated position, PRT will close all contracts with exactly 20 points profit. PRT is not averaging and defining the target as 20 points from the average position price. Every contract is treated separately and closed after 20 points.

  If you after this set a new target this effects all open contracts and not just the last opened.

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  Nicolas

  

  Despair

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  10/20/2017 at 7:40 PM #50088
  AVT

  You are doing nothing else than saying:

  • Order 1: buy 1 contract at 12.200, exit at 12.220
  • Order 2: buy 1 contract at 12.210, exit at 12.230
  • Order 3: buy 1 contract at 12.220, exit at 12.240

  This is cumulate orders with a fixed TP of 20. A partial close would do this:

  • Order 1: buy 3 contracts at 12.200
  • exit 1 at 12.220
  • exit 2 at 12.230
  • exit 3 at 12.240.

  And this is not possible, because one buy order is one order and treated like one order (you can leave it running forerver or close it).

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  Nicolas

  

  AVT

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  10/20/2017 at 8:41 PM #50090
  Nicolas

  Everyone finally understood, it’s perfect, we’ll be able to go back to work 🙂

  I’ll take some rest next week, take care!

  

  Nicolas

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  10/20/2017 at 9:37 PM #50092
  Vonasi

  Thanks Despair – that clarifies it. So cumulated positions can only be closed all at once with a LIMIT or STOP or AT MARKET order or they can be closed gradually at a STOP LOSS or TARGET PROFIT amounts. This STOP LOSS or TARGET PROFIT can be changed but will be changed for all open positions. Now I understand why some of my strategies have not been doing what I expected them to be doing!

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  Nicolas

  

  Vonasi

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  07/02/2018 at 11:11 AM #75080
  Johan

  Seems like they made an update where it should be possible to partially close positions:

  https://prt.md.it-finance.com/IGIndex/features_complete_10_3/features_complete_10_3_prt_en_GB.phtml?#S-103-2

   

  But when i try to run the code i get this error message in ProRealTime:

  Trading systems that partially close a position cannot be sent to ProOrder…

   

  Anybody knows whats going on?

  

  Johan

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  07/02/2018 at 11:18 AM #75081
  Vonasi

  Partial closure currently works for manual trading only and not with ProOrder. It is not supposed to be long before it arrives though.

  

  Vonasi

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  07/02/2018 at 11:23 AM #75082
  Johan

  “Partial close of positions is now available in manual and automated trading through ProRealTime.”

  … Ok so it’s not only for me – it’s a typo and affect everyone? Very unprofessionally, they shouldn’t write this stuff if it aint working. Especially because they would know this is something people are waiting on very much. And still is 🙁

  

  Johan

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  07/02/2018 at 12:57 PM #75085
  Vonasi

  Yes it was already discussed here – you may have missed it.

  https://www.prorealcode.com/topic/partial-closure-zero-quantity-exits/#post-74831

  

  Vonasi

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  03/12/2019 at 12:23 PM #93456
  Finning

  Hi there, just a quick question with this.

  I have found accumulating orders to be very useful – that is if your system gets past an initial danger phase – where you are more susceptible than otherwise to ruin – until you have hopefully proceeded and built up sufficient capital.

  To that end, I was hoping that the code below would work – to sell out/de-leverage if things aren’t going my way – the aim being to keep only 1 contract going in the market at all times.

  It’s a great idea if it would work – but does this then fall under the banner of not being able to close out partial positions?

  If EQUITYCURVE crosses under 1000 and abs(countofposition)>1 then sell (abs(Countoflongshares)-1) shares at market exitshort (abs(countofshortshares)-1) shares at market endif

  1 2 3 4

  If EQUITYCURVE crosses under 1000 and abs(countofposition)>1 then sell (abs(Countoflongshares)-1) shares at market exitshort (abs(countofshortshares)-1) shares at market endif

  Thanks,

  Finning

  

  Finning

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  03/12/2019 at 12:49 PM #93461
  Nicolas

  @Finning

  Not yet possible in real live trading, but you can use it for sure in your backtests.

  I’m not aware of the real date about the release of the full functioning of partial closure for ProOrder. I know ITF is very busy with the upcoming release of v11, so I’m sure this feature will be planned just after that.

  

  Nicolas

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  04/19/2020 at 12:22 PM #126874
  frenqle

  any news on V11? can not wait for the partial close option!

  

  frenqle

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  04/19/2020 at 6:15 PM #126919
  Nicolas

  Ask IG about it 😉

  

  Nicolas

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  04/28/2020 at 12:20 PM #128608
  Bel

  Swapped emails with IG some weeks ago and partial position closing is still unavailable with auto trading was their reply.

   

  Regards.

  

  Bel

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  08/07/2020 at 3:33 PM #141084
  UkDownUnder

  Sure it’s not available yet, that wold be bad business,

  Also liberating for individuals, that work and study hard!

  I heard its available on competitors platforms but I’m saying nothing!

  Surely slightly offset Entry points, followed by largely of set profitable Exit points works, somehow!

  Although, I have tried separate Entry points on an individual ProOrder and found it will not run, I must be missing something, although I know, defiantly any condition matched for an Entry is possible, So why not any condition match for multiple Entries with off set or different conditions on a single system

  

  UkDownUnder

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