Close open position based on volume

• 09/20/2023 at 12:43 PM #221330
  123harry

  Hi,

  I would appreciate some help in code creating with the purpose of closing an open position that is losing if the volume during a candle stick exceeds a certain limit. Is that possible?

  As an example, I have an opened a buy order at 16.00. Timeframe is set to 15 minutes. If that position is generating a loss after 15 minutes, when the candlestick closes, I want the open position to be closed.

  BR

  Harry

  

  123harry

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  09/20/2023 at 1:00 PM #221331
  123harry

  …I want to close that position if it is generating a loss and the volume is above a certain limit… Sorry, I was not able to edit my message.

  

  123harry

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  09/20/2023 at 6:02 PM #221351
  JS

  Hi @123harry

  You can try this…

  Close Position Based On Volume

  If NOT OnMarket and OpenTime=160000 then Buy at Market EndIf If OnMarket and PositionPerf<0 and Volume>10000 then Sell at Market EndIf

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  If NOT OnMarket and OpenTime=160000 then Buy at Market EndIf   If OnMarket and PositionPerf<0 and Volume>10000 then Sell at Market EndIf

  

  JS

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