SET TARGET PROFIT

• 03/22/2021 at 11:22 AM #164876
  Colter

  Hallo,

  Is it possible for the “SET TARGET PROFIT” function not to close the whole position but only 50% or 25% etc.

  Thank you and best regards

  André

   

  

  Colter

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  03/22/2021 at 11:44 AM #164882
  robertogozzi

  Only use the ‘Insert PRT Code’ button when putting code in your posts, NOT text.

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.  I moved it from the German forum.

  Thank you 🙂

   

   

  

  robertogozzi

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  03/22/2021 at 11:48 AM #164884
  robertogozzi

  No, SET TARGET PROFIT sets a profit for ALL open positions.

  To partially close positions you have to use pending orders so that you can close only the percentage of positions neeeded.

  When partially closing positions beware to leave open at least the minimum lot size required by the broker for the traded instrument.

   

  

  robertogozzi

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  03/22/2021 at 12:35 PM #164891
  Mattias

  Oh my, partial close is possible with IG in automated trading! When did this happen? I have completely missed this.

  

  Mattias

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  03/22/2021 at 12:57 PM #164896
  robertogozzi

  It happended around mid December 2020 when IG started to support v11.

  It’s a much acclaimed feature.

   

  

  robertogozzi

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  03/22/2021 at 12:58 PM #164898
  robertogozzi

  @Colter

  Do not double post. Ask your question only once and only in one forum. All double posts will be deleted anyway so posting the same question multiple times will just be wasting your own time and will not get you an answer any quicker. Double posting just creates confusion in the forums.

  I deleted the other post in the German forum.

  Thank you 🙂

   

  

  robertogozzi

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  03/22/2021 at 1:13 PM #164903
  Mattias

  It certainly is! This changes so much, I was seriously thing about changing broker and platform because of this, now I don’t need to!

  But hedging, having both long and short positions at the same time in automated strategies, is not possible yet right?

  

  Mattias

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  03/22/2021 at 1:43 PM #164904
  GraHal

  Mattias wrote:

  But hedging,

  Yes you can hedge, but needs to be in  2 x Algos and also NOT using Guaranteed Stops / Limited Risk on these 2 x Algos.

  

  GraHal

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  03/22/2021 at 1:46 PM #164907
  Mattias

  Yes, that’s what I though, thanks. Would be nice to have in the same strategy though. 🙂

  

  Mattias

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