Partially close positions

• 11/17/2016 at 1:34 PM #16723
  Johan

  I’m building a strategy that closes half of all positions once reach 50% of profit target. It works great while backtesting it but i’ll get a warning and can’t activate it.

  Error:

  “Trading systems with orders that partially close a position cannot be sent to ProOrder. make sure no quantity is specified in instructions to close positions (in this case the instruction closes all the entire position.)”

   

  My code:

  if longonmarket then if (close > tradePrice) then sell (mylot / 2) contract at (tradePrice + ((targetprofit / 2) * pipsize)) limit endif endif set target pprofit targetprofit

  1 2 3 4 5 6 7

  if longonmarket then if (close > tradePrice) then sell (mylot / 2) contract at (tradePrice + ((targetprofit / 2) * pipsize)) limit endif endif   set target pprofit targetprofit

   

  

  Johan

  Participant

  Topics: 13

  Replies: 33

  Been thanked: 1 time
  11/17/2016 at 8:41 PM #16742
  Elsborgtrading

  Hi Johan. PRT V.10.2 does not allow partially closing of position. we need wait until PRT v.10.3

  Cheer Kasper

  

  Elsborgtrading

  Participant

  Topics: 37

  Replies: 359

  Been thanked: 154 times
  11/20/2016 at 8:04 PM #16863
  Johan

  Thanks Kasper. I’ve been in touch with IG and they thought 10.3 will be available sometime early 2017. Let’s hope so!

  

  Johan

  Participant

  Topics: 13

  Replies: 33

  Been thanked: 1 time
  05/08/2017 at 10:10 PM #34873
  neffets89

  Hi Johan,

  I am very interested in such kind of strategy. Are there any new so far?

  Thanks

  Steffen

  

  neffets89

  Participant

  Topics: 0

  Replies: 1

  Been thanked: 0 times
  05/09/2017 at 7:44 AM #34883
  Elsborgtrading

  No still not available- I suggest to make 2 Proorder of the same strategy- one with a fixed TP and one that breaks even with the fixed TP and initiate a trailing stop.

  

  Elsborgtrading

  Participant

  Topics: 37

  Replies: 359

  Been thanked: 154 times
• Author
  Posts