Question about Acumulated Positions

• 11/12/2023 at 11:17 AM #223580
  TempusFugit

  Hi,

  When you activate a system in ProOrderLive you are asked the max. position to be opened with that system. In case of a system with multiple entries, that maximum size is:

  1. for each entry
  2. or for the total of all entryes?

  Thanks

  

  TempusFugit

  Participant

  Topics: 41

  Replies: 232

  Been thanked: 65 times
  11/12/2023 at 12:21 PM #223582
  GraHal

  If it were me I would duplicate my System and  choose variable values so that I got trades quickly (for ease of  testing, doesn’t matter about profitable) and then use setting 1. above on one system and setting 2. on the other system … do this on your Demo / Test System.

  If you do above, let us know how you get on please?

  

  GraHal

  Participant

  Topics: 204

  Replies: 8401

  Been thanked: 2042 times
  11/12/2023 at 1:55 PM #223590
  GraHal

  If I had to give an answer, I’d say No 1 – for each entry?

  

  GraHal

  Participant

  Topics: 204

  Replies: 8401

  Been thanked: 2042 times
  11/12/2023 at 2:25 PM #223592
  JS

  Here’s what PRT says about it… (it’s about the total of the number of contracts)

  Maximum position size parameter: The parameter “Max position size” must be defined in the ProOrder window before the start of a trading system. It takes precedence over the quantities to buy/sell defined in the code of the trading system. For example, if your code had an instruction to buy 3 contracts, but you set the maximum position size to 1 contract, the order to buy 3 contracts would be ignored. Similarly, if your code had an instruction to buy 1 contract then sell short 3 contracts, the order to sell short 3 contracts would be ignored and you would remain in a buying position with 1 contract. You should always check the maximum position size parameter before starting a trading system..

  2 users thanked author for this post.

  TempusFugit, GraHal

  

  JS

  Participant

  Topics: 22

  Replies: 1423

  Been thanked: 557 times
  11/12/2023 at 6:01 PM #223616
  robertogozzi

  It’s a limit for each strategy, no natter how many positions you accumulate with multiple entries. When the total set in autotrading  is reached the strategy won’t be able to add more!

   

  1 user thanked author for this post.

  TempusFugit

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 16469

  Been thanked: 3643 times
  11/12/2023 at 7:55 PM #223618
  TempusFugit

  JS wrote:

  Here’s what PRT says about it… (it’s about the total of the number of contracts)

  Maximum position size parameter: The parameter “Max position size” must be defined in the ProOrder window before the start of a trading system. It takes precedence over the quantities to buy/sell defined in the code of the trading system. For example, if your code had an instruction to buy 3 contracts, but you set the maximum position size to 1 contract, the order to buy 3 contracts would be ignored. Similarly, if your code had an instruction to buy 1 contract then sell short 3 contracts, the order to sell short 3 contracts would be ignored and you would remain in a buying position with 1 contract. You should always check the maximum position size parameter before starting a trading system..

  Thanks JS, where did you find so good explanation? I ask for knowing where to look for other questions I can have

  

  TempusFugit

  Participant

  Topics: 41

  Replies: 232

  Been thanked: 65 times
  11/12/2023 at 8:20 PM #223619
  GraHal

  I don’t think it’s where JS got the info he posted, but it contains a wealth of knowledge (and also covers max position size).

  https://trading.prorealtime.com/en/proorder_create_trading_system.phtml?ad=1#:~:text=Before%20starting%20the%20system%2C%20you,position%20size%22%20of%20two%20contracts

  2 users thanked author for this post.

  TempusFugit, JS

  

  GraHal

  Participant

  Topics: 204

  Replies: 8401

  Been thanked: 2042 times
  11/12/2023 at 8:27 PM #223621
  JS

  It is listed under : “Conditions of execution of automatic trading systems

  (I think it’s the same link as from GraHal)

   

  1 user thanked author for this post.

  TempusFugit

  

  JS

  Participant

  Topics: 22

  Replies: 1423

  Been thanked: 557 times
• Author
  Posts