Partial close with porcentage

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  • 04/24/2021 at 8:13 AM #167933 quote
    Link
    Participant
    Senior

    My question is…

    How to close, for example, 10% if the position when you win 10% if the target profit.

    Thanks

    04/24/2021 at 9:27 AM #167934 quote
    nonetheless
    Participant
    Master

    This sells 10% after a 10% increase. You can alter the PerCentGain if you want it to be 10% of your target.

    Check the minimum lot size for the instrument:

    ONCE partialclose = 1
ONCE PerCent     = 0.1              //10% of position to close
ONCE PerCentGain = 0.1            //10%  increase
ONCE MinLotSize  = 0.5              //0.5  lots minimum
ExitQuantity     = abs(CountOfPosition) * PerCent
LeftQty          = max(MinLotSize,abs(CountOfPosition) - ExitQuantity)
CloseQuantity    = abs(CountOfPosition) - LeftQty
 
IF Not OnMarket THEN
Flag = 1 
ENDIF
 
IF partialclose AND LongOnMarket and close >= (PositionPrice * (1 + PerCentGain)) AND Flag THEN
SELL CloseQuantity Contracts AT Market
Flag = 0
endif
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Partial close with porcentage


ProOrder: Automated Strategies & Backtesting

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This topic contains 1 reply,
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Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 04/24/2021
Status: Active
Attachments: No files
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