close half position when reach half limit and move stoploss to breakeven

kevin12345 · Sun, 07 Mar 2021 07:42:12 +0000

hi, can someone help me out with this? i want to close half my position when the market has reach have my limit and then move stoploss to breakeven. ONCE PerCent = 0.50 //0.50 = close half positions IF positionperf = 0.5 AND LongOnMarket THEN SELL (abs(CountOfPosition) * PerCent) AT Market set stop ploss 0 ELSIF positionperf = 0.5 AND ShortOnMarket THEN EXITSHORT (abs(CountOfPosition) * PerCent) AT Market set stop ploss 0 ENDIF here’s what i got so far thank you

This topic has 21 replies, 5 voices, and was last updated 1 year ago by GraHal.

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03/09/2021 at 10:27 AM #163575

kevin12345

oh forgot to mention that it stopped on limit which was away to the right

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03/09/2021 at 1:36 PM #163608

Vonasi

I would suggest using GRAPH to check your important values and calculations.

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01/08/2024 at 12:56 PM #226104

pointofbrew

Does this mean IG now allows taking partial profits?

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01/09/2024 at 8:40 AM #226128

robertogozzi

IG allows taking partial profits with orders placed AT MARKET, not with LIMIT/STOP pending orders.

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01/09/2024 at 8:44 PM #226176

pointofbrew

Thanks Roberto! How can I stay updated on things like these?

btw, would you happen to know if IB allows partial profit taking using LIMIT/STOP pending orders?

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01/10/2024 at 10:50 AM #226188

robertogozzi

To keep updated youhave to login to this forum once in a while, once a week or so… the more the better ! 🙂

I don’t know about IB, I hope someone else does and pops in to help.

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01/10/2024 at 11:27 AM #226190

GraHal

pointofbrew wrote:

How can I stay updated on things like these?

We can subscribe to Topic(s) and then we get an email each time there is a new post in that Topic.

The Subscribe button is top right (of dark grey bar) on every Topic page.

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close half position when reach half limit and move stoploss to breakeven

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