Max Positions per strategy in multi-strategy code

• 06/15/2021 at 10:50 AM #171789
  deletedaccount051022

  Hi,

  I have a multi-strat piece of code that runs a few different strategies in one, looking at the formation of three candle patterns.  I want the multi strategy to allow 1 position per each of the three different candle patterns within the overall multi-strat code.  Is there a way to limit the max number of positions per candle pattern strategy within the code please?

  I have obviously tried tweaking the DEFPARAM CUMULATEORDERS but this applies to the whole multi-strat.

  Thank you very much

  

  deletedaccount051022

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  06/15/2021 at 11:30 AM #171793
  robertogozzi

  With reference to my post https://www.prorealcode.com/topic/multiple-strategies-within-one-trading-system/, you can achieve your goal with this modified version. I only coded strategy #2, but you need to apply the same logic to strategy #1 and #3:

  DEFPARAM CumulateOrders = TRUE //Allow multiple trades at a time IF NOT OnMarket THEN //Make sure you reset these variables to ZERO when not trading P1 = 0 P2 = 0 P3 = 0 ENDIF //-------------------------------------------------------------------------------------------------- IF P1 < 1 THEN //Strategy 1 . . ENDIF //-------------------------------------------------------------------------------------------------- IF P2 < 1 THEN //Strategy 2 s2Avg = Average[20](close) s2Rsi = Rsi[14] . . . //************************************************************************ // LONG //************************************************************************ IF close CROSSES OVER s2Avg THEN SET TARGET PPROFIT 20 SET STOP PLOSS 10 BUY nLots CONTRACT AT MARKET P2 = 1 //set P2 to 1 to disable further trading this strategy ENDIF //************************************************************************ // SHORT //************************************************************************ IF close CROSSES UNDER s2Avg THEN SET TARGET PPROFIT 20 SET STOP PLOSS 10 SELLSHORT nLots CONTRACT AT MARKET P2 = 1 //set P2 to 1 to disable further trading this strategy ENDIF . . . . ENDIF //-------------------------------------------------------------------------------------------------- IF P3 < 1 THEN //Strategy 3 . . . ENDIF

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  DEFPARAM CumulateOrders = TRUE        //Allow multiple trades at a time IF NOT OnMarket THEN                  //Make sure you reset these variables to ZERO when not trading    P1 = 0    P2 = 0    P3 = 0 ENDIF //-------------------------------------------------------------------------------------------------- IF P1 < 1 THEN                                //Strategy 1    .    . ENDIF //-------------------------------------------------------------------------------------------------- IF P2 < 1 THEN                                //Strategy 2    s2Avg = Average[20](close)    s2Rsi = Rsi[14]    .    .    .    //************************************************************************    //                                 LONG    //************************************************************************    IF close CROSSES OVER  s2Avg THEN       SET TARGET PPROFIT 20       SET STOP PLOSS     10       BUY nLots CONTRACT AT MARKET       P2 = 1                            //set P2 to 1 to disable further trading this strategy    ENDIF    //************************************************************************    //                                 SHORT    //************************************************************************    IF close CROSSES UNDER s2Avg  THEN       SET TARGET PPROFIT 20       SET STOP PLOSS     10       SELLSHORT nLots CONTRACT AT MARKET       P2 = 1                            //set P2 to 1 to disable further trading this strategy    ENDIF    .    .    .    . ENDIF //-------------------------------------------------------------------------------------------------- IF P3 < 1 THEN                                //Strategy 3    .    .    . ENDIF

  

  robertogozzi

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  06/15/2021 at 1:23 PM #171801
  deletedaccount051022

  Grazie mille! That worked perfectly, super happy.

  

  deletedaccount051022

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