Hi Coders and traders,
I’m looking for a code that can do a partial close when price moves against my current position of 10 pips/ points,
Right now, i’m using this code:
// --- Additional Variables and Logic ---
Savingstop = 10
if not onmarket then
AllowPartialCloseNegative = 0
PartialCloseNegativeDone = 0 // Återställ flaggan för partiell stängning vid negativ rörelse
minPriceNegative = 0 // Återställ för långa positioner vid negativ rörelse
maxPriceNegative = 0 // Återställ för korta positioner vid negativ rörelse
positionSizeNegative = 0 // Återställ positionsstorlek för negativ rörelse
// Återställ även andra variabler om det behövs
endif
//## -- FUNKTION FÖR PARTIELL STÄNGNING VID OGYNNSAM RÖRELSE -- ##
//## - KÖPORDRAR
if longonmarket then
// Vid nytt inträde, initiera variabler
if not longonmarket[1] then
minPriceNegative = close
positionSizeNegative = size // Sätt positionsstorleken till initial storlek
PartialCloseNegativeDone = 0 // Säkerställ att vi kan göra en partiell stängning
endif
// Uppdatera minPriceNegative till lägsta pris sedan inträdet
minPriceNegative = min(minPriceNegative, close)
// Trigger för att börja övervaka för en partiell stängning när priset går emot positionen
if (tradeprice - minPriceNegative >= Savingstop * pointsize) and (PartialCloseNegativeDone = 0) then
AllowPartialCloseNegative = 1
endif
if AllowPartialCloseNegative then
if positionSizeNegative >= size then
contractsToCloseNegative = max(mincontracts, size / 2)
sell contractsToCloseNegative contracts at market
SET STOP LOSS PrimaryStopLevel
AllowPartialCloseNegative = 0
PartialCloseNegativeDone = 1
positionSizeNegative = positionSizeNegative - contractsToCloseNegative
minPriceNegative = close
endif
endif
endif
//## - SÄLJ KORTA ORDER
if shortonmarket then
if not shortonmarket[1] then
maxPriceNegative = close
positionSizeNegative = size
PartialCloseNegativeDone = 0
endif
maxPriceNegative = max(maxPriceNegative, close)
if (maxPriceNegative - tradeprice >= Savingstop * pointsize) and (PartialCloseNegativeDone = 0) then
AllowPartialCloseNegative = 1
endif
The code above works when it’s almost by itself, but I want to combine it with a partial close when price mnoves with my position, and then the code above stops working.
I want, when the price moves against my position by 10 points, I want half of my position to be sold, the rest of the position to be sold at my “Primarystop”, My primarystop works as my SL, 20 points away from my entry price.
Anyone who can/ want to help me?
Thank you 🙂
Hi! take a look this code. Maybe is what you are looking for.
ss=10
sl=20
DistancePartialStop=ss*pipvalue
n=6
avg1=average[10](close)
avg2=average[50](close)
if avg1 crosses over avg2 then
buy n contract at market
endif
if longonmarket then
if not longonmarket[1] then
PrimaryStop=tradeprice-sl*pipvalue
PartialStop=close-DistancePartialStop
partial=0
a1=255
a2=255
endif
if (close-PartialStop)>DistancePartialStop then
PartialStop=close-DistancePartialStop
endif
if longonmarket[1] and partial=0 and close < PartialStop[1] then
sell COUNTOFLONGSHARES*0.5 contracts at market
partial=1
a1=0
endif
endif
if not onmarket then
a1=0
a2=0
endif
set stop ploss sl
set target pprofit 5*sl
graphonprice PartialStop coloured(0,0,255,a1)
graphonprice primaryStop coloured(255,0,0,a2)
Hi Ivan,
thank you for your code, I cant get it to work however. I have a multi timeframe system, where I initially buy size = 2 contracts, and if price moves opposite way of my position I want half of my contracts = 1 to be sold, the rest to keep all other kinds of exits, including the primarystop at 20 points. the other part of the position is connected to a MFE exit.
Would it be possible for you to write the code with 2 inital contracts and then the rest of your code? So I can copy paste?
Im using this code for partial close when price is moving the correct way:
defparam cumulateorders=false
// --- Partial Close settings ---
size = 10
mincontracts = 1
trigger = 20
pointback = 5
closepercent = 20
// ------------------------------
timeframe(15 minutes,updateonclose)
st = Supertrend[3,10]
if not longonmarket and close crosses over st then
buy size contracts at market
set stop ploss 15
endif
if not shortonmarket and close crosses under st then
sellshort size contracts at market
set stop ploss 15
endif
timeframe(3 minute)
if not onmarket then
AllowPartialClose=0
endif
//## -- PARTIAL CLOSE PRICE BACK FUNCTION -- ##
//## - BUY ORDERS
if longonmarket then
//trigger for the partial closure function to start
if close-tradeprice>=trigger*pointsize then
AllowPartialClose = 1
endif
if AllowPartialClose then
//compute the maxprice reached
maxprice = max(maxprice,close)
//check to trigger a partial closure or not
if maxprice-close>=pointback*pointsize then
//close partially
sell max(mincontracts,size*(closepercent/100)) contracts at market
//reset the maxprice to the current price
maxprice = close
endif
endif
endif
//## - SELLSHORT ORDERS
if shortonmarket then
//trigger for the partial closure function to start
if tradeprice-close>=trigger*pointsize then
AllowPartialClose = 1
endif
if AllowPartialClose then
//compute the maxprice reached
minprice = min(minprice,close)
//check to trigger a partial closure or not
if close-minprice>=pointback*pointsize then
//close partially
exitshort max(mincontracts,size*(closepercent/100)) contracts at market
//reset the maxprice to the current price
minprice = close
endif
endif
endif
graph st coloured(200,100,200) as "Supertrend"
graph Close
thank you again 🙂
If I just copy-paste the code you provided, this is my result 🙁
