Position size limit per strategy

• 02/23/2022 at 6:30 PM #188723
  abuanza

  Hi there,

  Sorry if this is a repeated question.

   

  i am trying to find a code to limit the number of opened positions under one strategy. For example:

  Timeframe(4hours, updateonclose)

  a = close/1.01

  Timeframe(default)

  b = close

  if b < c then

  buy 2 contracts at the Market

   

  if i were to use the above on the 1 min chart on a daily basis, how to limit the number of opened positions to 2 per day if the criteria is met.

   

  thanks

  

  abuanza

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  02/23/2022 at 11:47 PM #188735
  robertogozzi

  There you go (not tested):

  Timeframe(default) ONCE Tally = 0 IF IntraDayBarIndex = 0 THEN Tally = 0 endif // Timeframe(4hours, updateonclose) a = close/1.01 // Timeframe(default) b = close if b < c and (Tally < 2) then buy 2 contracts at the Market Tally = Tally + 1 endif

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  Timeframe(default) ONCE Tally = 0 IF IntraDayBarIndex = 0 THEN    Tally = 0 endif // Timeframe(4hours, updateonclose) a = close/1.01 // Timeframe(default) b = close if b < c and (Tally < 2) then    buy 2 contracts at the Market    Tally = Tally + 1 endif

  

  robertogozzi

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