Partially close positions

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11/17/2016 at 1:34 PM #16723 quote
Johan
Participant

Average
I’m building a strategy that closes half of all positions once reach 50% of profit target. It works great while backtesting it but i’ll get a warning and can’t activate it.

Error:

“Trading systems with orders that partially close a position cannot be sent to ProOrder. make sure no quantity is specified in instructions to close positions (in this case the instruction closes all the entire position.)”

My code:
```
if longonmarket then
if (close > tradePrice) then
sell (mylot / 2) contract at (tradePrice + ((targetprofit / 2) * pipsize)) limit
endif
endif

set target pprofit targetprofit
```
11/17/2016 at 8:41 PM #16742 quote

Elsborgtrading
Participant

Veteran

Hi Johan. PRT V.10.2 does not allow partially closing of position. we need wait until PRT v.10.3

Cheer Kasper

11/20/2016 at 8:04 PM #16863 quote

Johan
Participant

Average

Thanks Kasper. I’ve been in touch with IG and they thought 10.3 will be available sometime early 2017. Let’s hope so!

05/08/2017 at 10:10 PM #34873 quote

neffets89
Participant

New

Hi Johan, I am very interested in such kind of strategy. Are there any new so far? Thanks Steffen

05/09/2017 at 7:44 AM #34883 quote

Elsborgtrading
Participant

Veteran

No still not available- I suggest to make 2 Proorder of the same strategy- one with a fixed TP and one that breaks even with the fixed TP and initiate a trailing stop.
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Partially close positions

ProOrder: Automated Strategies & Backtesting

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Author

Johan @johan_holmberg Participant

Summary

This topic contains 4 replies,
has 3 voices, and was last updated by Elsborgtrading
8 years, 10 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	11/17/2016
Status:	Active
Attachments:	No files

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