Partially close available for automation?

• 10/31/2020 at 1:00 PM #149080
  waid

  I think it is a very basic request, but PRT seems does not support this function.

  I encountered this message when ready to fire my robot:

  “Trading system with orders that partially close the position cannot be sent directly to pro order”

  Why PRT does not try to push IG to support this basic feature?

  

  waid

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  10/31/2020 at 1:17 PM #149081
  GraHal

  I guess IG must think we would make more money if IG allowed Partial Exits?

  We can partial exit a manual trade no problem at all.

  

  GraHal

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  10/31/2020 at 1:58 PM #149082
  waid

  Totally agree.

  Eventually IG is MM. The more money we make, the more money we take from IG.

  I am looking forward for auto trading alternative like tradingview w/ IG.

   

  

  waid

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  10/31/2020 at 2:18 PM #149084
  waid

  Finally I came up with a  workaround to solve this stupid problem:

  0 < a < 1

  original parital exit orders:

  sell A*COUNTOFLONGSHARES contract at market

  1	sell A*COUNTOFLONGSHARES contract at market

  alternative way:

  sell at market buy (1-A)* COUNTOFLONGSHARES contract at market

  1 2	sell at market buy (1-A)* COUNTOFLONGSHARES contract at market

  Lots of  spread fee wasted

  

  waid

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  11/01/2020 at 2:02 PM #149151
  Nicolas

  IG doesn’t use the partial closure yet in their protocol between PRT software and their servers..

  I think that your proposed solution is not working because first you close all long orders, and then you buy again, with less contracts, but far from the initial entry price, so that’s not like partial closure of a position opened since X bars ago.

  I move your topic into the ProOrder section.

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  waid

  

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  11/03/2020 at 12:48 AM #149336
  waid

  I’d tested it in IG’s real money account, and indeed that works!

  Strangely I did not see any “new buy” triggered but a partial closure triggered instead. (I saw 0.6 buying shares was closed, which means partial closure works!)

  I post my proof in the attachment.

  

  waid

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  11/03/2020 at 1:00 AM #149338
  waid

  Update screenshot

  

  waid

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  11/03/2020 at 3:09 PM #149386
  Nicolas

  Sorry the screenshots are not clear to me.

  But that’s indeed interesting, let me check on my own.

  

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  11/03/2020 at 5:52 PM #149399
  Fran55

  Si, we see

  

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  11/04/2020 at 1:30 AM #149422
  waid

  Ya indeed it works, don’t know why, I’ve already tested in different currencies in real money.

  // assume in current bar we have 3 buy shares, we want to partially close 1 buy: sell 1 contract at market //Equivalent to sell at market buy 2 contract at market

  1 2 3 4 5 6 7

  // assume in current bar we have 3 buy shares, we want to partially close 1 buy: sell 1 contract at market   //Equivalent to   sell at market buy 2 contract at market

  Maybe in IG’s trading server’s setting, the opposite orders request sent to IG within 1 seconds are considered as single partial close request.

  In trading history, I did not see “sell 3 and then buy 2”, but just “sell 1”. So I conclude that this equivalent works.

  

  waid

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  11/04/2020 at 10:14 AM #149440
  Nicolas

  Indeed it works since ProOrder makes a simple addition of the quantities subtracted (SELL AT) then added (BUY x) to keep at the end only the quantity of contracts desired. This principle is only functional because PRT has integrated the partial closing functionality with SELL X CONTRACTS (and which is not yet accepted by IG). In fact, you unintentionally found a workaround for what is accepted by both the language and the IG server.

  BUT, I strongly don’t recommend using this ‘workaround’ at all, for several reasons:

  • this is not an official and normal functionality of the interaction protocol between the software and the broker
  • calculations of strategy results in detailed reports will not be correct, as this is not expected in normal operation
  • in the event of a dispute with the broker, this type of “unofficial” operation could work against you

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  waid

  

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  11/20/2020 at 1:29 PM #151042
  vinit0412

  @nicolas – IG is coming up with their PRT v 11 by this month in Australia. Do you think they will allow partial trading in the new version?

  

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  11/20/2020 at 1:39 PM #151043
  Nicolas

  vinit0412 wrote:

  IG is coming up with their PRT v 11 by this month in Australia

  I know that things are moving, but see it before believing it.

  vinit0412 wrote:

  Do you think they will allow partial trading in the new version?

  I think so!

  

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  11/20/2020 at 1:40 PM #151044
  XORANDNOT

  Is this really true ? v11 will finally be released this month ?

  

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  12/12/2020 at 4:05 PM #153507
  robertogozzi

  Yes https://www.prorealcode.com/topic/ig-prt-v-11/page/7/#post-15318

   

  

  robertogozzi

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